Missing bible books
Social SecurityStories from The Progressive ReviewMAY 2003SOCIAL SECURITY AGENCY TO SEND FRAUDULENT SCARE MESSAGETO MILLIONSLOS ANGELES TIMES - Your next annual statement from the government estimating your Social Security retirement benefits will state in blunt language that those funds are in jeopardy. missing bible books Free date of birth search. As if today's workers weren't worried enough that Social Security will not be there when they need it, the Social Security Administration will tell them: "Action is needed soon to make sure that the system is sound when today's younger workers are ready for retirement. " The warning, which the government plans to unveil today, will be included in the annual letter from Social Security to 138 million workers over the age of 25, estimating their benefits under various retirement strategies. The nation's elderly are its fastest-growing population group. missing bible books Person social security number. The Social Security letter estimates that the number of people older than 65 will double within the next 40 years. Thus the number of Social Security beneficiaries will grow much faster than the number of workers who are paying the payroll tax. Tax revenue now far exceeds benefit payments, but the letter estimates that will last only 14 more years under current law. missing bible books Free people search find people. "By 2042," it warns, "the Social Security Trust Fund will be exhausted. "WHY THIS IS A LIE1. The trustees have to keep changing the day of Doomsday because they're repeatedly wrong. A chart by the Economic Policy Institute, illustrates some of these changes. According to the chart, the trust depletion date grew twice as fast as the trustee's annual reports. 2. The argument that there won't be enough workers left to pay for Social Security is statistically wrong, as the Left Business Observer illustrated in this chart. The number of workers per non-worker in our society is much higher than in the past. 3. The trustees use an inordinately pessimistic projection of economic growth when they make their predictions. This means, among other things, that there's no hope in privatizing the market, because if the trustees are right in their projections, we will be in a permanent recession. While this chart from the Left Business Observer is 9 years old, it illustrates the point. As LBO's Doug Henwood said at the time, "Either the trustees are deliberately projecting slow growth to feed the pension-cutting mania, or they're expressing a deep pessimism about the U. S. economy's future.
Missing bible books
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