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Response to Fuddnik (Reply #3)

Mon Mar 28, 2016, 11:34 AM

8. hardly


I certainly would never trust the sociopaths and thieves on Wall St with this money. But it looks like we can't trust even our most liberal politicians either. I think liberal Dems have a blind spot on this issue and they're blinded by that 2.8 trillion in the trust fund. But the SS Trustees are predicting the trust fund will run out around 2034 and after that it will only pay about 80% of benefits.

There are numerous threats to this program... from the damage the Bush recession did to the fund, to low interest rates to outsourcing higher paying industrial jobs and replacing them with lower paying service jobs, to the current cap. I'd like to see capital gains money finally taxed. Then there's the GOP... a party that keeps getting more and more insane by the day... and they want to destroy SS.

I don't know how old you are but I'll be 65 soon... and I'm not going to delude myself with empty assurances when all the hard numbers and trends are raising red flags.



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