POLLIWOG (Tadpole): the early stage of an animal that will eventually become a frog, hoping to be kissed by a princess, turning into a prince! POLIBLOG (Political Blog): the early stage of a center-right political blog that may eventually become a full blown blog of the center-right. Join in if you find any merit in the comments. If you are on the left and disagree, feel free to straighten me out! Who knows, with effort from all of us this blog may turn into a prince!

Location: San Diego, California, United States

Thursday, March 25, 2010

Social Security and ObamaFare

The NYT has this article today - an appropriate warning to us all - on the approaching insolvency of the Social Security system. Just what this country needed was a huge increase in expenditures for ObamaFare when our financial future is in jeopardy.

"This year, the system will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office."

Their last prediction was this would not happen until 2016! Gives you a warm feeling about their ObamaFare prediction!

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Blogger Crowhill said...

Hey cuz. Nice blog.

Yeah, so as we're watching the failure of the biggest socialist legislation in the history of the country, we're adding even more.


7:38 AM  

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