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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (214958)1/15/2005 12:25:30 PM
From: combjelly  Read Replies (1) | Respond to of 1573952
 
"Social security is going to have to do the same thing. So bankruptcy is the perfect and most accurate term for this situation."

No it isn't. When the outflow exhausts the trust fund, they reduce what is paid. It can suck for those in the bottom bracket, but it is predictable and can be anticipated. Even with reduced payments, the amount that each retiree gets is still more than they get today. So saith the SSA, who should know.