Social Security Fund to Be Empty by 2037. What Should We Do About It?

AP Graphic

Sick and getting sicker, Social Security will run at a deficit this year and keep on running in the red until its trust funds are drained by about 2037, congressional budget experts said Wednesday in bleaker-than-previous estimates. Congress has promised to replenish any lost revenue from the tax cut, but that's hardly good news, either, adding to the federal budget deficit. In another sobering estimate, the congressional office said government red ink this year will increase to $1.5 trillion, the most in U.S. history. We all know that SSI wont be there for my generation even though we have paid into it. Is this social justice? We need to fix this problem soon. But I don't think the Democrats or Republicans want to face those senoirs with any kind of cuts. I don't think that We The People have the guts to do the right thing and start making changes in SSI before it's too late. I don't know about you, but I think that people will get more pissed if they are given nothing so that the generation before them didn't take cuts or retired later. The government that the left trust has screwed us all by stealing our money. Let them trust the government. I'd rather trust the market. The market is sometimes wrong but the government is always wrong. What do you think we should do about SSI going bankrupt and adding to our debt?