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Kurt Ullman Kurt Ullman is offline
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Default OT. Turds in Iowa.

In article ,
Han wrote:

Kurt Ullman wrote in
m:

In article ,
Han wrote:

" wrote in news:90cad85b-
:

The problem today is that people retiring are getting
significantly more out of SS and Medicare than they
ever paid into it. And with the baby boomers now
collecting, the Ponzi scheme is coming undone.

I think you leave out inflation adjustment and interest earned.


What interest earned?

on the treasury notes of course.


And where is that money supposed to come from? It doesn't just appear,
ya know. Heck, I haven't a really good explanation of where the money to
pay back the notes, let alone the interest, is going to come from. Yet
another instance of Washington's Magical Thinking about money.

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