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Someone tell Judy that SS ran a surplus last year with only 3.3 workers!

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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-05 03:51 PM
Original message
Someone tell Judy that SS ran a surplus last year with only 3.3 workers!
Edited on Thu Feb-17-05 04:02 PM by flpoljunkie
per recipient. I get so sick of the Rethugs, today Delay bringing up on INSIDE POLITICS that only two workers will be working for each recipient, but he doesn't tell you when this will happen. How many years --40 years. That's right 40 years. They never tell you that. And clueless Judy does not ask.

The surplus funds each year, which Social Security is bringing in with only 3.3 workers per recipient, were spent by Bush to pay for tax cuts for the rich, the war in Iraq--name your deficit spending, paid for with your FICA taxes.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-05 03:55 PM
Response to Original message
1. This is such total bullshit
Past worker:retiree levels have been much lower. They only increased thanks to the rush of women into the workforce.

The present ratio is creating a 40% overpayment. Congress then snags that money and uses it to cover up what those tax cuts to the richest 1% have really cost the country.

Tell EVERYBODY you know about this. Don't let these BASTARDS rob us!
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displacedtexan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-05 04:00 PM
Response to Reply #1
4. Don't forget that those women are now paying in, too.
Just thought I'd add that.
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displacedtexan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-05 03:57 PM
Response to Original message
2. Have you looked at the population pyramid lately?


If there are sooooooooooo many baby boomers to worry about, why are there so many young workers already paying into the system?

Also, where's all the baby boomer $ that's left over because there are fewer older people?
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flpoljunkie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-05 04:02 PM
Response to Reply #2
5. Spent on tax cuts, "war on terra", yet still our '04 deficit near $500B!
Edited on Thu Feb-17-05 04:17 PM by flpoljunkie
http://slate.msn.com/id/2093707/

For Fiscal 2004—which began in October 2003—if you factor out the $164 billion Social Security surplus, the on-budget deficit will be at least $639 billion, rather close to the modern peak of 6 percent of GDP.
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-05 04:48 PM
Response to Reply #2
8. It's like they look at that chart and panic, wondering
What are we going to do when that big bulge of boomers hits the top age bracket!!!

Conveniently forgetting that most of us WILL BE DEAD BY THEN.

I might live to see 2042, but my family's history argues against it. And 2052? Fuggedaboudit!
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Jacobin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-05 03:59 PM
Response to Original message
3. why do you hate amerika?
Don't confuse us with reality and facts!!!!

You must Believe the Chimp!!!

Your life depends on it!!!

Now, report to Re-education Room 2102

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displacedtexan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-05 04:03 PM
Response to Reply #3
6. Argh! I've been caught!
That's what I get for loving school!

Facts are pesky little devils, aren't they?

BTW, the 50-54 age group in that chart is the baby boom group so often referred to as being "the problem."

What a crock!
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saltpoint Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-05 04:06 PM
Response to Original message
7. It could be that Judy needs a strong hit of acid --
-- to put her in the perception zone.

Her interviews are awfully Presbyterian.
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