Shocker: Social Security is Going Broke!

by Ryan on August 13, 2012

in Culture,Economy,Election 2012,Politics

I know, you’re completely shocked by the news that the Social Security “surplus” will be gone by 2033, meaning the system starts bleeding cash at that time.  All sarcasm aside, what’s scary is that in 2010 the year of reckoning was 2037!  Any bets that the crisis will hit sooner, especially with over $2 trillion of Social Security cash currently tied up in “IOU” treasury bonds?

With more reports with actual numbers and figures that contradict the left’s do-nothing philosophy and with the left signaling that they want to attack the GOP on entitlements, this likely helps the Romney-Ryan campaign call for needed reforms because, quite frankly, they are needed.

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