Showing posts with label social security. Show all posts
Showing posts with label social security. Show all posts

Thursday, December 27, 2012

Shocking News: Social Security Broke!

According to this story from The Blaze, the SSA spent more than 47.8 Billion more than it took in. Nothing there surprising. I mean we already knew that was happening right. How bout this then. When SS was introduced there was 40 workers for every 1 receiving payments. Now that number is down to 1.67 per person receiving benefits.

Now using what my math teacher in High School taught me, tells me that particular equation does not work out.
Social Security Continues to Post Massive Multibillion Dollar Deficits, Number of Participants Continues to Grow
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