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2024-03-27 14:02:06

pipefocker on Nostr: In case you were thinking of retiring some day, bad news from Janet Yellen: Social ...

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.
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