At first glance, the statement did not appear menacing. I was told I could expect to receive a benefit of “about $2,136 a month” upon reaching age 70 — which certainly seems like good news. But immediately I thought of a parallel of President Obama’s infamous Obamacare promise: “If you like your Social Security, you can keep your Social Security.”
Then, as if on cue, I saw an asterisk with the following message:
The law governing benefit amounts may change because, by 2033, the payroll taxes collected will be enough to pay only about 77 percent of scheduled benefits.
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Most of the problem is the "disability" subsidy they offer to slackers like Jonathan Taylor.
ReplyDeleteBetter not! I paid my own money into their thief fund, and I want every penny back, with interest! And back then, interest was 5%!
ReplyDelete