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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (516602)	9/28/2009 1:24:16 PM
From: Tenchusatsu	2 Recommendations Read Replies (2) of 1575637

RW, some updated figures on SS: apnews.myway.com SS is currently in a deficit and is projected to stay that way until 2012. After that, surpluses are projected to last until 2016. The "trust fund" is now projected to be exhausted at 2037. And even those projections may be optimistic: > "The thing to keep in mind is that it's unlikely we are going to pull out (of the recession) with a strong recovery," said Kent Smetters, an associate professor at the University of Pennsylvania's Wharton School. "These deficits may last longer than a year or two." But don't worry. Obama promised to hike taxes on all income above $250K by 12.5 percentage points. He'll get to that next year ... Tenchusatsu

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