Let’s keep with facts, not opinion
A recent letter to the editor titled “Social Security is not broke” again shows liberal bias by slamming Fox News and claiming their source for their factual letter is NBC News, better known as one of the Obama re-election networks.
Also, they quoted Forbes magazine. The quotation from Forbes was not about Social Security even though the writer tried to make it as such.
This was taken from Forbes from June 2013: “It’s clear that Social Security’s current path is unsustainable and action is needed to preserve it. However, we could reach the point where failure is imminent and the choices will be to either raise taxes substantially – an economic headwind – or allow the program to fail.”
This is also from Forbes March 2014: “The Social Security program is already running cash flow deficits, meaning that the payroll and income tax revenues coming in to support the program are not sufficient to pay for the monthly checks being sent to beneficiaries. This problem is projected to worsen every year for the foreseeable future thanks to the Baby Boomers entering retirement in droves.”
Also, PolitiFact stated that Social Security disability will be belly up in 2016. According to the Congressional Budget Office (CBO) and the most recent Social Security trustees’ annual report, the Social Security account that disburses monthly disability payments will not only pay out more money in 2016 than it takes in through taxes, but also will spend the last dollar it has in reserve by the end of that year.
I am also open to a discussion that starts with facts, not vague, unsubstantiated opinions.