No. of Recommendations: 3
Replying to mungofitch
The point is in a $30 Trillion + economy, it's just an insignificant drop in the bucket.
Hmm, maybe. That's over $1000 per household. Is that material? Just a drop perhaps, but a big one.
Jim
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This is sort of known to everyone but because it can't be blamed on Trump, this much much bigger bucket just ain't sexy to the MSM or on internet message boards:
"The Social Security Old-Age and Survivors Insurance (OASI) Trust Fund is projected to run out of money in 2032, requiring a benefit reduction of approximately 7% to 24% for recipients if Congress does not act, reported by Fox Business. The total shortfall between 2032 and 2036 is estimated to be $2.8 trillion."
U.S. News & World Report
