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Thursday, April 14, 2011

Numerology class

Oh look - more stats that Ginger has seen on tv ...

This time looking at Social Security
¢¢¢¢¢¢¢¢¢
this year alone
$45 billion
More going out than coming in
¢¢¢¢¢¢¢¢¢
Currently there is
$2.5 trillion
In the Social security trust fund
¢¢¢¢¢¢¢¢¢
By 2037 (if population trends stay the same) the fund will be depleted
¢¢¢¢¢¢¢¢¢
Fewer people working means less funds going into the trust fund as well

¢¢¢¢¢¢¢¢¢
Number of people receiving SS benefits
Up approx. 24,000%
in past 70 years
¢¢¢¢¢¢¢¢¢
SS outlays
Up 3.4%
Fiscal 2010
¢¢¢¢¢¢¢¢¢
SS costs
37%
Of mandated federal spending
¢¢¢¢¢¢¢¢¢
SS outlays
4.84%
U.S. GDP
2010
¢¢¢¢¢¢¢¢¢
There is also a call to stop SS payments to the wealthiest Americans ... But the wY it stands now, if you make over something like $30,000 you can't collect ... If I remember it from when my dad first looked at collecting it.

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