Exactly how is Social Security Out of Control???????

The ratio of workers to beneficiaries is currently projected to decrease to 2 to 1 by 2030 and to 1.8 to 1 by 2076. The ratio is currently about 3 to 1. If the ratio of working class people drop to the projected levels, America has got a hell of a lot bigger problem than Social Security.

Social Security taxes typically bring in more revenue than needs to be paid out, and when this happens that excess is put into trust funds. There is a separate trust fund for each Social Security program and each of the trust funds operates somewhat differently. The HI and DI trust funds are the funds that are currently projected to run out of funds first, however, as has been stated, the privatization program does not address these funds and focuses on the OASI program, which has the least problems. The OASI trust fund is currently projected to run out of funds anywhere from 2042 to 2075, at which point it is projected that 73% of its current projected obligations could be met directly from taxation alone.

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That Obama is joining the voices of the Clintons and the Bush family to sing this bullshit sky is falling for social security as an excuse to rob the trust fund and pretend they are doing it in the name of saving it does not bode well for what kind of President Obama will make.

The bullshit certain rich assholes sing on Social Security is part of the movement to destroy American working class families. And if Obama is part of this movement, working class families need to start getting the hell off his jive turkey bandwagon.