Reply #3: I watched the segment earlier, and this is the part I remember..... [View All]

[BlueEyedSon]

(comparing the 2042 future SS shortfall vs the current total federal budget)

On the scale of things, let's just remember that if we believe the Social Security Administration's rather downbeat forecast, in 2042, the Social Security -- the payroll tax will be taking in only 73 cents for every dollar of promised benefits. Right now, the Federal Government, actually, fiscal 2004, the Federal Government outside of Social Security, was taking in 68 cents of revenue for every dollar of spending. So I don't think we can get really upset about the notion that -- yes, you get the point. I guess I don't need to finish that sentence.

The whole dealie: http://www.democracynow.org/article.pl?sid=05/03/29/153250&mode=thread&tid=25#transcript