Community | September 28, 2009 | 4 comments

Social Security's out of money

Image
interditx
What happened? The recession hit and many older workers suddenly found themselves laid off with no place to turn but Social Security.

"A lot of people who in better times would have continued working are opting to retire," said Alan J. Auerbach, an economics and law professor at the University of California, Berkeley. "If they were younger, we would call them unemployed."
  1. groups:
    Community,   News and Politics,   Current Tonight,   News and Information,   1 more
  2. tags:
    News and Politics Government Community
  3.     
    |

4 comments // Social Security's out of money

  • Abraham99
    • 0
      Abraham99  
    • Social Security is already a socialist program. I don't mind paying a couple of bucks more per month and if two hundred million others don't mind, the social security can be continued without a problem.

    • 2 years ago
  • Ihatethemall
    • 0
      Ihatethemall  
    • Or enact more taxes to cover the shortfalls. Hell, I pay for most folks, why not make it everyone. I still have a few dollars left that I really had no use for anyways.

    • 2 years ago
  • JohnA
  • Abraham99
more from Community:

top videos