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Sunday, September 30, 2012

Social Security Is Quietly Eroding Away

Social Security Is Quietly Eroding Away

social security
Social Security (SS) will race through another milestone in October. For the first time in its history, SS  will pay out more than $65 billion in a single month.
Other than the fact that this is an incredibly big number, there is nothing eye-opening about the payout. SS missed hitting the $65b milestone by a fraction in September. In November, it will be higher again. $70b will be hit by December 2013. The ladder to higher payouts never stops.http://www.businessinsider.com/krasting-social-security-and-the-beach-2012-9?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29&utm_content=Google+Reader
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