Article from The Daily Wire by Ben Shapiro.
While the rest of America fulminates over Roseanne and Samantha Bee and NFL visits to the White House, a rather large piece of news just broke – a piece of news that essentially spells doom for the future of American governance. Here’s the news:
BREAKING: Government: Medicare will become insolvent in 2026, three years earlier than expected, Social Security to follow in 2034.
— The Associated Press (@AP) June 5, 2018
Whoops.
Medicare and Social Security, along with Medicaid, represent a majority of the federal budget each year, and represent mandatory spending. And Social Security has been running a negative cash flow for years. Our gigantic national debt number doesn’t include unfunded liabilities to these programs. According to some studies, if we include expected shortfalls from Medicare and Social Security in the debt, our debt is actually $90.6 trillion.
And yet politicians of both parties – with the possible exception of Speaker of the House Paul Ryan (R-WI) – are utterly unconcerned with entitlement reform. In fact, they demagogue anyone who dares to mention entitlement reform. President Trump campaigned on the notion that he wouldn’t change entitlement programs. Democrats have created full graphics of Ryan pushing old ladies off cliffs to signify their opposition to changes to entitlements.
Read the entire article at The Daily Wire.
wpDiscuz
Social Security is a SACRED COW and Will Never END. America will just get deeper and deeper in debt.
I think Gov’t should payback all the money w/ interest they stole from Social Security. We would not be in debt if they didn’t steal it, it was funding itself for yrs & yrs.
Its disgusting what our Gov’t gets away with, without a Vote on it from us.
people are living hand to mouth,and the political maggots are stealing their social security money . they should have to put the money back, and every one of them should have to pay a large fine for taking other peoples cash. what a disgrace. now that we have a real president maybe we can get him to look into this and take the money back from the maggots and let the people have a good retirement, and the thieves can go to work making licenses plates.