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Social Security & Medicare

beachbumbob

(9,263 posts)

2. in next 4 years we will double the national debt to over $40 trillion and there is no way

Reply to appalachiablue (Original post)

Thu Apr 23, 2020, 04:45 AM

Apr 2020

that debt load will NOT impact all levels of govt spending and programs. The worse case scenario AND VERY likely to happen will be the devaluation of the dollar which lessens the value of the debt and at the same time make current pensions and SS/Medicare programs worthless. This is how 3rd world countries get out of the heavy debt. So do not be surprise

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Social Security and Medicare Funds At Risk Even Before Coronavirus [View all] appalachiablue Apr 2020 OP

greenspan fucked that up too. pansypoo53219 Apr 2020 #1

in next 4 years we will double the national debt to over $40 trillion and there is no way beachbumbob Apr 2020 #2

The SSI people are probably breathing a sigh of relieve with all the geezers dying... mitch96 Apr 2020 #3

No problem... End the $125,000 limit on "contributions" to SSI.. mitch96 Apr 2020 #4