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!
"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!
Labels: Economics, Healthcare
posted by Jim | 11:27 AM
1 Comments:
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.
Genius.
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