Government Stupidity - Experts say Social Security going broke 4 years sooner than expected

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Experts say Social Security going broke 4 years sooner than expected

Tuesday, August 04, 2009
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From Forbes:

The newest annual report from the Social Security and Medicare Boards of Trustees accelerates the arrival of the insolvency of Social Security trust funds by four years to 2037.

Doubters of the findings in the 2009 annual report on the status of Social Security and Medicare trust funds believe that the moment when Social Security goes broke might recede much farther into the distance if only the trustees would change some of their unnecessarily conservative assumptions on economic growth incorporated in their latest report.

Read full article...

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Topics:		Government Stupidity \| Boondoggle

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