Social Security Disability Seen Insolvent Unless Congress Votes

[Harmony Blue]

20. Yup

"The long-run actuarial deficits of the Social Security and Medicare programs worsened in 2012, though in each case for different reasons. The actuarial deficit in the Medicare Hospital Insurance program increased primarily because the Trustees incorporated recommendations of the 2010-11 Medicare Technical Panel that long-run health cost growth rate assumptions be somewhat increased. The actuarial deficit in Social Security increased largely because of the incorporation of updated economic data and assumptions. Both Medicare and Social Security cannot sustain projected long-run program costs under currently scheduled financing, and legislative modifications are necessary to avoid disruptive consequences for beneficiaries and taxpayers."

Show me a Capitalist that will put big money down that U.S. growth will stay stagnant over 4,10, 20, or 50 years and that person will expose themselves as a fool.