Well, now we know.
The Social Security Administration will run out of money in 2023. (However, the Treasury will be able to redeem trust fund assets, which will exceed interest earnings until exhaustion of trust fund reserves in 2033, according to the Social Security Administration.) Is anyone working on finding a way to deal with this problem? Well, perhaps if the government could find a way to charge the political candidates for the television advertisements they are running against their opponents, it might pick up a few dollars.
One would think such a serious problem should be handled right away.
We already understand that we cannot afford the war in Afghanistan, so it seems to me we should start shutting it down now. Why isn't Congress meeting to work on this matter?
Obviously, we can't afford to keep borrowing money from China.
Continuing to give tax breaks to the rich is a luxury we haven't been able to afford for years. Why can't we realize that patriotic citizens would not expect the country to go broke as a result of extending them favors? They should be lending the country money.
Since many in the middle class have lost their jobs, exhausted their savings and cannot afford any more taxes, isn't it time for the rich to carry their share of the burden? Certainly, we can all understand why some members of Congress want to spare the wealthy. After all, these might be the people who get them into office. But why should the rest of us be beholden to them?
Exactly what does the government plan to do when all of these older citizens have exhausted their trust funds? These citizens are expecting a check to cover their food, lodging and medical care every month. They have paid money into this fund throughout their working years to avoid being a burden on their children.
I'm certain Congress is not willing to work for free. Even if the people are starving, they will expect to be paid. I'm sure they cannot expect another country to be willing to take care of our elderly.
Since people will not be able to afford to retire, does that mean we will all just work until we die? What kind of jobs will be available for 90-year-olds?
So that the country can continue to support retirement for older people, does this mean younger people will have to be taxed throughout their working lives in order to retire in their older years?
The people who have worked for the government should have been working on this problem over the years to make sure it did not come to this.
Well, once again, the rich come out OK. They obviously will not have to worry about being broke when they get old. They will have sucked all the money out of the government during their younger years, so that when they get ready to retire they will not to have to worry about it.
Maybe then, Americans will understand what happened to all that money that the rich put away when they should have been paying taxes on it. We can only hope that those in government who helped them get by with it got their share so their retirements will be taken care of as well.
But the money is nearly gone and won't be there for our retirement. So we need to consider vouchers, right? No, wrong.
What we need to do is to get some people in Congress who don't have rich friends. We need to get some people in Congress who will protect our money and demand that rich people pay their fair share of taxes.
Fair is fair, right?