Gongol.com Archives: July 2017
July 15, 2017
Social Security trust fund will go broke before today's newborn is out of high school
How can this be made more plain and clear? We've gone along with a giant national lie that the problem would resolve itself. It hasn't. It won't. When the trust fund is gone, payments will drop as Social Security becomes fully pay-as-you-go. Yes, 2034 seems a long way away, but if you can remember Y2K, then you should be able to project ahead to 2034 with equal ease.
