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In case you were thinking of retiring some day, bad news from Janet Yellen:
184 views • 3 months ago
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.
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