I.O.U.S.A. Bonus Reel: Social Security+Medicare Projections

[siggy16]

taxing the rich is never a permanent solution, what happens when the rich have no more money?

[marsCubed]

In Greece, 30% of GDP was undeclared ! they are calling on de-regulators and conservatives to be put on trial for fraud.

The rich have gotten obscenely rich in the USA style economies, in USA 1% now own 43% of financial wealth. 80% own 7%.

Trickle-down was an evil scam.. myopic profiteering has trashed economies.

Norway and Denmark have highest tax on top 5%. best free healthcare and education, highest standards of living. longest vacations. high skills. next to no crime.

Tax the top 5% hard !

[dravreh]

Scare tactics...

[lemonfilledjello]

Are Past Presidents and Congressional Representatives upon "retiring" still dipping into these funds? Plus if the Federal government is borrowing from these funds to budget other programs - that definitely is an abomination.

[TejanoChimbo]

► Bullshít

[LordVigeous666999]

whats BS?

[TejanoChimbo]

► Social Security is adequately funded, and any shortfall 30 years out could be made up by raising the tax ceiling

[worthlessdollar1]

@TejanoChimbo - Social Security is already insolvent, here in 2010.

"No no!" you say, "there's a $2.5 trillion surplus of assets than can be sold off over the next 30 years... so there's no problem!". Bullshit, I'm afraid. That "surplus" doesn't exist. Every last dime of it has already been spent by the US government on other obligations - it is ALL government debt.