I have written before about how I faal about the Ponzie scheme known as Social Security. I have gone through the data, compared it to what real life people have to do with their own finances, and have been excoriated by those on the "Progressive" Left as a scare-monger.

But the facts are, as is demonstrated by this 15 year old, the facts. He is a an example that there just yet may be some hope for the younger generation, if there are enough more like him. He cut right through the confusing charts and financial doublespeak to get to the heart of the matter, and found that the heart of Social Security should be on life support, if it is to survive for long.

Really folks, it IS simple mathmatics...when outlay exceeds income, there is a state known as bankruptcy. SS isn't there yet, but it will be if measures aren't taken, and soon. You have to remember that there is about a ten year lag time between taking action and seeing results, so saying that "SS is solvent untill "_____" is a little disengenious. This young man understands it, why do so many so called adults have so much trouble?

Posted by: Delftsman3 at 01:14 AM | Comments (2) | Add Comment
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