Social Security crisis arrives at the NY Times. The NYT notices a boo-boo in Social Security’s math: “…the Social Security Administration underestimates how long Americans will live and how much the trust funds will need to pay out — to the tune of $800 billion by 2031, more than the current annual defense budget — and that the trust funds will run out, if nothing is done, two years earlier than the government has predicted.” A lot of these “oopsies” have and will be surfacing in the MSM now that the election is over.

people aren't dying fast enough

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15 Comments on "Social Security crisis arrives at the NY Times"

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Jayhawk46
Member
Jayhawk46
January 8, 2013 3:15 am

Climb aboard the Gravy Train, America. Or is that ALPO? Either way, unless they start paying me in gold, I’ll be eating dog food by the time I retire…

poppajoe49
Member
poppajoe49
January 7, 2013 9:03 pm

Oh goodie.
Based on the current retirement age of 67, provided they don’t raise it again, I’ll be collecting SS for about 1-2 years before it all goes to shit.
Looks like I better either win the lottery, or plan on working until I die.

sa_rose
Member
sa_rose
January 8, 2013 11:13 am

Given that you can’t live on what Social Security o\pays out, you will be working til you die anyway. Sorry to destroy your dream of not working for a few minutes before you die.

jcrowley1985
Member
jcrowley1985
January 8, 2013 6:07 am

At least you get 2 years, there won’t be anything left when I get to that age. Tell me again why I should bother working hard?

sa_rose
Member
sa_rose
January 8, 2013 11:13 am

Since you don’t work and pay into the system crowley, you wouldn’t get to collect anyway. Better have a killer savings account by then!

ooddballz
Member
ooddballz
January 8, 2013 9:00 am

You are right crowley, life is worthless…..fell free to remove yourself from it.
Or at least remove yourself from the welfare rolls and GET A FRIGGEN JOB!

flashingscotsman
Member
January 8, 2013 9:18 am

Poppa. Plan on working all your life. It’s what I’m doing.

poppajoe49
Member
poppajoe49
January 8, 2013 6:44 am

Because, you moron, you have an opportunity to earn and save money for your future. We were lulled into complacency, thinking SS would take care of us in our old age, and now we have nothing saved for the future.
It’s like I keep telling my stepson, if he would just save his monthly bonus checks, and invest them in CDs, he would be able to retire by the time he reaches my age, but if he waits to 67, he will be very comfortable.
Stop being a leech and get a freakin’ job you slug!

Neo-7
Member
Neo-7
January 7, 2013 3:12 pm

Logan’s Run

Progressive Hemrrhoid
Member
Progressive Hemrrhoid
January 7, 2013 3:06 pm

Looks like the NY Slimes got a hold of something “Dear Leader” and his cronies wanted to hide.

KimmyQueen
Guest
KimmyQueen
January 7, 2013 3:03 pm

Government intervention very rarely leads to good results. What bothers me is why do people allow government to have so much control.

Joe
Member
Joe
January 7, 2013 4:41 pm

Because it makes them feel good.

I listen to red-eye radio a lot (I keep odd hours) and the one guy was talking about how he’ll have conversations with people (democrats and independents) and how he’ll talk about spending and the economy and they’ll agree with everything he says. Yet at the end they still like having a large government in case something bad happens.

It just makes some people feel good, even though it’s the government that’s causing all the problems. They either don’t know history or think that the horrors a government can cause won’t happen here.

KimmyQueen
Guest
KimmyQueen
January 8, 2013 12:06 pm

Interesting. Have a big government in case something bad happens… If something bad happens government is the last possible resort as disasters like Katrina and Sandy have proven. How insane…

Kip Hooker
Member
January 7, 2013 2:00 pm

Everything they do is flawed or flat out wrong.

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