SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (90511)9/25/2007 3:00:56 PM
From: ChanceIsRead Replies (1) | Respond to of 306849
 
>>>In Clinton's last year the shortfall was less than $20 billion, which is peanuts as far as deficits go.<<<

True. Peanuts. I can't tell you how glad I am that it got so small.

The bottom line is that the operational budget needs to get far into the black to pay the SS "contributors" back in another seven years or. so w/o either making them pay more for the same or less, or cutting their benefits.

You can be sure that the existing retirees won't be asked to pay more or take less.