(CNSNews.com) – President Barack Obama said in
Wednesday night’s presidential debate that Social Security is “structurally
sound,” but Social Security’s Board of Trustees said in their 2012 annual
report that the program faced $8.6 trillion in “unfunded obligations”–meaning
that it is currently obligated to pay out $8.6 trillion more in benefits than
it is anticipated to bring in through taxes.
Editor’s notes: I
know, the SS Board of Trustees says the
unfunded obligation is 8.6 trillion, but
the number having been used for the past several years is closer to 17
trillion. Whatever the actual amount, we are talking about “trillions,” with 10,000 Baby Boomers coming into the
program every single day, for the next
12 years [there are 78 million of
us, coming to “break the SS bank.”].
And Obama is telling those who listen to him and believe that he knows
what he is talking about, that Social
Security is “structuring sound.”
If Romney had made this statement, the Progressive Jihadists would have called Romney a "liar." In fact, the Obama campaign has decided to double down on the "liar" theme, when it comes to Romney. I guess they think this sort of thing scores points.
Understand that it is one thing for a blog like this, to use such terms, but Independents are "turned off" by the the use of such language. And, it is the Independent vote that looms important, in the coming election.
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