Millions of Americans rely on Social Security for their retirement.
Not good what Janet "transitory" Yellen shared
In case you were thinking of retiring some day, bad news from Janet Yellen:
Social Security and Medicare are now underfunded by $175 trillion.
That comes to roughly $1.4 million per American household.
There are only 3 solutions:
- slash beneficiaries
- massively hike taxes, or
- cut everybody’s benefit to poverty level.
(20) Peter St Onge, Ph.D. on X: "In case you were thinking of retiring some day, bad news from Janet Yellen: Social Security and Medicare are now underfunded by $175 trillion. That comes to roughly $1.4 million per American household. There are only 3 solutions: - slash beneficiaries - massively hike taxes,… https://t.co/mp9DK2dctn" / X (twitter.com)
Oh....and dont expect $1400 debit cards....your rent paid....and free healthcare. Thats only for illegals