We have probably all noticed a page six news item that Social Security is “running out of money.” Maxed Out Mama has the details the media will not supply, including the uncomfortable finding that the Disability Fund will be out of money in 2016.
Given the millions the Pelosi, Reid, Obama economy has forced into retirement, early or otherwise, 2033 looks pretty optimistic to me as well. Combined with the cold hard fact that wages continue to decline, as do Social Security taxes, my estimation is 2027. But what do I know. I’m just a numbers guy.
But unlike most “progressives” I do not have to cut a hole in my pocket to count to eleven.