Originally Posted by AzMike
It's been common knowledge that when the baby boomers hit retirement in full SS was heading for insolvency. The same group responsible for keeping it afloat over the years you listed are also the same ones that will choke it to death.
The fact is there is no money anywhere for SS, it is paid out from funds collected right now and there will not be enough to pay out what they owe.
PLease read my last few posts. What I am trying to point out is we should have had more than enough to cover this time period because there has been money left over for every year of the past 50 from Social Security. That is even after the medicaid started coming out of it. Something in Denmark has been rotten for a long time and the damn denmarkians are trying to throw every body off the scent with arguing about this.