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re: Social Security and Medicare will be Insolvent in the 2030s
Posted on 10/4/23 at 9:26 pm to Lou Pai
Posted on 10/4/23 at 9:26 pm to Lou Pai
quote:
We are barreling headfirst over a cliff and it seems like no one cares about advocating for solutions like gradually raising the retirement age, etc. Instead, we are likely to either face a fiscal catastrophe or raise taxes to a massive extent to keep the lights on, thus significantly reducing our economy's ability to grow. It's sad to see a majority of the country, and many in the populist wing of the Republican base (Republicans in Name Only), don't seem to care.
We are 33T in debt. The fiscal catastrophe is already here.
Cutting Social Security and/or Medicare is a ridiculous concept without it being in the context of a balanced budget.
The GOPe just structured an ADDITIONAL 7T in spending through 2024.
This post was edited on 10/4/23 at 9:32 pm
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