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No Free Beer
04-07-2012, 10:48 AM
For sixty or more years, politicians/financial experts/organizations have said that medicare/medicaid/social security will run into the red and the younger generation won't have any money.

Can anyone prove this?

Can anyone provide me with some graphs?

Thanks

FrankRep
04-07-2012, 10:52 AM
Social Security faces $29 billion shortfall in 2010
http://www.azcentral.com/arizonarepublic/news/articles/2010/03/15/20100315social-security-shortfall.html

Social Security Trust Fund in Red, Drawing on Federal IOUs
http://www.thenewamerican.com/index.php/economy/sectors-mainmenu-46/3134-social-security-trust-fund-in-the-red-its-now-drawing-on-federal-ious

No Free Beer
04-07-2012, 11:20 AM
Social Security faces $29 billion shortfall in 2010
http://www.azcentral.com/arizonarepublic/news/articles/2010/03/15/20100315social-security-shortfall.html

Social Security Trust Fund in Red, Drawing on Federal IOUs
http://www.thenewamerican.com/index.php/economy/sectors-mainmenu-46/3134-social-security-trust-fund-in-the-red-its-now-drawing-on-federal-ious

thanks.

narrowphoenix
04-07-2012, 01:33 PM
Yeah, simple, our debt goes up over $1 trillion a year, that mean EVERYTHING is in the RED