Tuesday, April 24, 2012

That Security Net is Starting to Look More Like a Security Napkin...Maye a Securty Tissue

News came out today that Social Security will run dry in 2033 and Medicare will run out of funding in 2024. Forget these programs not having enough for your grandchildren, if things are left as is, you won't be seeing anything from the money you've paid in to these systems either. This is such a short period of time that current beneficiaries could see the programs go broke. Luckily, Treasury Secretary Timothy Geithner, a man who can't manage his own taxes, said that any plan that changes the programs will not receive support. Hmm...so the programs are going to go broke unless there is some sort of change, which Secretary Geithner says Democrats won't support. So I guess this means the only way Democrats will support keeping Medicare and Social Security is taxing the living hell out of everyone they can lay their hands on, and don't think taxing the rich alone can somehow save these systems even if they took 100% of everything they made over $200,000.00. Welcome to Greece, boys and girls.

No comments:

Post a Comment