The Social Security program faces challenges as its trust funds rely on redeeming Treasury bonds to meet payouts exceeding payroll tax income. This practice started in 2021, with $69.1 billion in interest earned from U.S. Treasury bonds in 2024.
Category: Observations on life
What do people do that drives you nuts, how do they behave that you find amusing?
Is this the future of America?
Let’s hope not. In December, the conservative Manhattan Institute found that 31 percent of Republicans under 50 identify their own views as racist, and 25 percent say their
The U.S. Is Not Prepared for the Next Economic Shock…
The U.S. faces an unprecedented fiscal challenge as debt climbs to 100% of GDP and deficits soar to nearly 6% of GDP. Policymakers must craft a robust response that not only addresses current shocks but also prevents further debt accumulation. As interest consumes nearly a fifth of federal revenue, maintaining fiscal discipline is paramount.
Corruption 👁️👁️
Something is wrong with our government leaders, the people who were supposed to replace the bureaucrats we were told were harming us. While not ever
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