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Old 04-27-2012, 03:32 AM   #1
PPActionnGuys

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Default 2012 Social Security annual report.
Here's the most important takeaway chart. Annual outlays are exceeding revenue collection for the first time since the payroll tax was increased in 1983. This occurred several years ahead of expectations from just a few years ago.


Figure II.D4.—OASDI Cost and Non-interest Income as a Percentage of GDP
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Old 04-27-2012, 03:36 AM   #2
homerdienru

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*GASP*, you mean a Ponzi scheme isn't sustainable? Well I'll be damned.
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Old 04-27-2012, 01:41 PM   #3
Breeriacoirl

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Isn't this the point of cross over the White House has been saying wouldn't happen until 2023?

Sure is a bitch when math and reality BOTH take a swing at ya.
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