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Social Security May Be Running Out Of Cash Fast
"The financial health of Social Security and Medicare, the government's two biggest benefit programs, have worsened because of the severe recession, and Medicare is now paying out more than it receives.Trustees of the programs said Tuesday that Social Security will start paying out more in benefits than it collects in taxes in 2016, one year sooner than projected last year, and the giant trust fund will be depleted by 2037, four years sooner.
Medicare is in even worse shape. The trustees said the program for hospital expenses will pay out more in benefits than it collects this year and will be insolvent by 2017, two years earlier than the date projected in last year's report."
Oh, bullshit. The only reason this even made the headlines is because our overlords have to announce their plans to completely crash the economic system before they do it. Somehow when the death cult broadcasts intentions beforehand it helps insure their agenda goes ahead without hiccups.
The "economy" is done, stick a fork in it. It's over, and articles like this mean zilch except for the reason above. All social services are finished. The last thing that happens before complete collapse is that they loot the treasury, and that's exactly what they've done in the last few months, and not only have they stolen every last cent, they've made sure to indebt all our children and their children forever, if they can get away with it.
But they won't, because their plans to manage the collapse that's coming will absolutely fail. Spectacularly.
Social Security May Be Running Out Of Cash Fast
"The financial health of Social Security and Medicare, the government's two biggest benefit programs, have worsened because of the severe recession, and Medicare is now paying out more than it receives.Trustees of the programs said Tuesday that Social Security will start paying out more in benefits than it collects in taxes in 2016, one year sooner than projected last year, and the giant trust fund will be depleted by 2037, four years sooner.
Medicare is in even worse shape. The trustees said the program for hospital expenses will pay out more in benefits than it collects this year and will be insolvent by 2017, two years earlier than the date projected in last year's report."
Oh, bullshit. The only reason this even made the headlines is because our overlords have to announce their plans to completely crash the economic system before they do it. Somehow when the death cult broadcasts intentions beforehand it helps insure their agenda goes ahead without hiccups.
The "economy" is done, stick a fork in it. It's over, and articles like this mean zilch except for the reason above. All social services are finished. The last thing that happens before complete collapse is that they loot the treasury, and that's exactly what they've done in the last few months, and not only have they stolen every last cent, they've made sure to indebt all our children and their children forever, if they can get away with it.
But they won't, because their plans to manage the collapse that's coming will absolutely fail. Spectacularly.
posted by nolocontendere at 3:38 PM
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