by: Diane Benjamin
The Unemployment Rate fell today to 6.7%! But that’s not the story. Around 90 million people have quit looking for work and are no longer counted. Here’s the real story:
This is a serious problem on many levels. Total welfare spending was close to $1 TRILLION in 2013, that doesn’t include Social Security and Medicare.
Only 74,000 jobs were created last month. In the entire country 74,000!
The country is facing catastrophic problems with so many people out of work. Top of the list is what is happening to Social Security and Medicare.
Millions of people not working means millions of people not paying into the system. Baby Boomers are retiring in droves and they already put pressure on the system because less people are available to pay into the system.
The situation is far worse now when so many people have quit looking for work. Not nearly enough people are working to pay for current recipients. There is nothing but IOUs in the lock-box, that money was stolen decades ago.
Here’s the truth. Social security is now being paid from the budget. Since we are still spend more money than we take in, Social Security payments are borrowed from some other country or printed by the Federal Reserve. Both are destroying the future.
Dick Durbin and every other Democrat refuse to even discuss what to do. See their comments below. Have you had enough lies yet? How long can recipients continue to receive checks? Our kids and grand-kids are being robbed. Evidently Durbin doesn’t mind.
If you can’t read the picture, click here to view a .pdf: