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Post# of 358440
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SoxFan

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Re: Investorman post# 326710

Monday, 04/04/2011 8:41:35 PM

Monday, April 04, 2011 8:41:35 PM

Post# of 358440
Let me let you in on a little secret - SS has never ever been in the red. The closest was last year because of high unemployment for the first time in history collections were less than what was paid out by a small amount. The interest paid more than made up for it and generated another surplus. This year will be different as they reduced the % collected this year.

Fixing SS is very easy so it's fixed forever. Medicare and Medicaid are the big issue.


Wake me when it's over

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