Social Security
http://www.nytimes.com/2010/03/25/business/economy/25social.html?hp
This year Social Security will pay out more money in benefits then it takes in through taxes.. The "experts" said this wasn't suppose to happen until 2016. The experts were wrong - again! They didn't count on all those unemployed people sitting home watching Ellen instead of earning a living a paying Social Security taxes. That little piece of the equation is constantly overlooked. They never consider that those Chinese workers making American products aren't paying into the system. The money goes to china. The taxes never get collected. Everyone loses.
As long as these stories continue http://www.miamiherald.com/2010/03/26/1548796/floridas-unemployment-rate-hits.html then the experts better reevaluate the situation.
This year Social Security will pay out more money in benefits then it takes in through taxes.. The "experts" said this wasn't suppose to happen until 2016. The experts were wrong - again! They didn't count on all those unemployed people sitting home watching Ellen instead of earning a living a paying Social Security taxes. That little piece of the equation is constantly overlooked. They never consider that those Chinese workers making American products aren't paying into the system. The money goes to china. The taxes never get collected. Everyone loses.
As long as these stories continue http://www.miamiherald.com/2010/03/26/1548796/floridas-unemployment-rate-hits.html then the experts better reevaluate the situation.
posted by res17 at
March 26, 2010
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