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Politics : PRESIDENT GEORGE W. BUSH

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To: Steve Dietrich who wrote (551369)3/13/2004 3:53:51 PM
From: Srexley  Read Replies (4) of 769670
 
"SS is 100% solvent until 2042 according to the SS Trustees report"

This is an outright LIE. Here is what the report says:

"The fundamentals of the financial status of Social Security and Medicare under the intermediate economic and demographic assumptions remain highly problematic. Although both programs are currently running annual surpluses, these will give way to rapidly rising annual deficits soon after the baby-boom generation begins to retire in about 2010. The growing deficits will lead to rapidly mounting pressures on the Federal budget in a decade and exhaustion of trust funds beginning in little more than two decades that will not permit full payment of currently scheduled benefits. In the long run, these deficits are projected to grow at unsustainable rates"

What a jack-ass you are. This bold lie kind of proves that you idiots will say anything in hopes that nobody will check it out. And you say I am dumb (another unsubstantiated claim! lol
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