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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (749104)10/24/2013 12:35:22 PM
From: Tenchusatsu  Read Replies (2) of 1573925
 
CJ,
It is currently taking in more than it is spending

No it isn't. SS crossed over into the red in 2010: nytimes.com

An average two-earning worker who retired in 2010 paid $722K into SS over their lifetimes and will expect to get $966K in benefits: politifact.com

I already don't expect to see everything that I put into SS when I retire at the age of 67, even if I live to 100. That's because I expect to see some sort of reduction in benefits during my lifetime.

Not a Ponzi scheme you say? The numbers say otherwise.

Tenchusatsu
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