Or Isn't It? It's really quite bizarre, the Social Security debate. I must say, I don't know what to believe.On the one hand, you have the people - and W is one of those - who say the system is in crisis and we need to do something right away. Yet others say, nah, it's fine.Sure, it has some problems, but nothing to worry about right now. I checked out what The 2004 Social Security Trustees Report says. (I think this is where W got a lot of his info for the State of the Union speech.) The Social Security Board of Trustees states that, unless something changes, Social Security's currently scheduled benefits can't be sustained for the long term. In the 2004 Annual Report to Congress, the Trustees announced: • The projected point at which tax revenues will fall below program costs comes in 2018. • The projected point at which the Trust Funds will be exhausted comes in 2042 - also the same as the estimate in last year's report.
It Broken,- | July 28, 2016