SOCIAL SECURITY AND MEDICARE - THE PICTURE IS BLEAKER THAN EVER.
Most Americans believe that there is something out there called a Social Security trust fund. They believe that when the government collects its Social Security taxes every year, it takes the money left over after paying all benefits and puts that money aside for future retirees. Americans actually believe this --- but they're wrong. The Social Security trust fund exists in name only. There is no money there. Not one single dollar. It's all gone.
I say opt me out and I will provide for my own retirement, thank you. But nothing will change because the American people are too fat, dumb and happy with the status quo. Besides, providing for one's own retirement is too risky, according to the politicians. Golly, I feel soooo much better.