In case you were thinking of retiring some day, bad news from Janet Yellen:
Social Security and Medicare are now underfunded by $175 trillion.
That comes to roughly $1.4 million per American household.
There are only 3 solutions:
- slash beneficiaries
- massively hike taxes, or
- cut everybody’s benefit to poverty level.
https://m.primal.net/HopQ.mov
probably fine in Chinada though... 🤣
In Chinada, budgets are balancing themselves…
the beauty of living in Santa Claus country. 🎅
One of many reasons #bitcoin is a necessity
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I'm retired and drawing Social Security now. I hope it will last a few more years. The entire government is in the red. Bad management.