Just... something to think about. And when I have said that I dont expect to ever see my Social Security in 15 years when I become eligible.... THIS is why. This cannot possibly be sustained, nor paid off. A few days ago: In yet another sleight of hand for the US Treasury and Social Security Administration, US debt rose by $32 billion on the last day of November sending total US debt above $18 trillion for the first time ever. It also meant that total US debt has increased by 70% under Obama, from $10.625 trillion on January 21, 2009 to $18.005 trillion most recently. And now THIS: Fast forward to today. As of the last day of 2014, total US debt soared by $98 billion in one day (driven again by Social Security debt surging on the last day of the month to a record $5.117 trillion), and closing off 2014 with a new all-time high total of $18.141 trillion in Federal debt - an increase of $136 billion in the month of December and $790 billion for all of 2014. This cannot possibly be sustained. Period. Which..... is why I teach prepping courses. Ill be ready. Will you? zerohedge/news/2015-01-02/us-debt-soars-100-billion-last-day-2014-hits-record-1814-trillion
Posted on: Sat, 03 Jan 2015 21:07:37 +0000
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