Why is it that ringers always focus on waste from social welfare yet totally ignore waste elsewhere.Changes to Social Security are on the horizon because the massive retirement and disability program is projected to run dry in 2033. At that point, Social Security would only collect enough taxes to pay about three-fourths of benefits. If Congress doesn't act, benefits automatically would be cut by about 25 percent.
Now let's see...who keeps saying Social Security is a great government-run program and doesn't need reform? And accused their opposition of wanting to kill grandma for suggesting it?
And who keeps saying it must be reformed to be sustained?
Why do most liberals willfully ignore the obvious?
Fact (1) America and most western countries have an aging population. The birth rates are in negative territory so unless you open the borders to Mexico & have mass migration the balance of those working will not be enough to finance those who don't.
Countries with the same problems have increased the retirement age.
For every self funded retiree will be 10 that rely on social welfare.
Fact (2) Why is it that ringers totally ignore Wall St Welfare to concentrate on poor. Leaving the 4%'ers a free ride ??? WHY
The GFC cost on average around $120,000 each American household and the best answer you can come up with is Obama wastes on welfare or its government run program so Wall St would do better.
Well we all have seen how Wall St does better, then asks taxpayers to bail them. I think your money would be safer with the government!