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Social Security and Medicare Funds At Risk Even Before Coronavirus
https://democraticunderground.com/10142477166(X-post from LBN).
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Social Security and Medicare Funds At Risk Even Before Coronavirus (Original Post)
appalachiablue
Apr 2020
OP
in next 4 years we will double the national debt to over $40 trillion and there is no way
beachbumbob
Apr 2020
#2
pansypoo53219
(21,719 posts)1. greenspan fucked that up too.
beachbumbob
(9,263 posts)2. in next 4 years we will double the national debt to over $40 trillion and there is no way
that debt load will NOT impact all levels of govt spending and programs. The worse case scenario AND VERY likely to happen will be the devaluation of the dollar which lessens the value of the debt and at the same time make current pensions and SS/Medicare programs worthless. This is how 3rd world countries get out of the heavy debt. So do not be surprise
mitch96
(14,645 posts)3. The SSI people are probably breathing a sigh of relieve with all the geezers dying...
Less to dole out.. I know ... a sick thought.........
m
mitch96
(14,645 posts)4. No problem... End the $125,000 limit on "contributions" to SSI..
Lets just say we limit it to uhhhh One Million dollars. You stop conributing after you have paid into SSi a Mil. I think that's fair since you 1% got a big ass tax break.. eh?
m