Contributions
May 5, 2020 at 6:23 p.m.
By -
Another concern exists with the virus that nobody has really talked about with over 16 million Americans out of work: Nobody is contributing to Social Security and Medicare. Each fund is slowly being depleted and no money is going back in. The “Fed” has reduced the interest rates, so these funds are earning next to nothing.
The damage has already been done. Nothing can be done to fix the problem. Many more hardships are in our future.
Paul Fribley
Warsaw
Another concern exists with the virus that nobody has really talked about with over 16 million Americans out of work: Nobody is contributing to Social Security and Medicare. Each fund is slowly being depleted and no money is going back in. The “Fed” has reduced the interest rates, so these funds are earning next to nothing.
The damage has already been done. Nothing can be done to fix the problem. Many more hardships are in our future.
Paul Fribley
Warsaw
Have a news tip? Email [email protected] or Call/Text 360-922-3092