Monday, August 24, 2009

Hoist by their own Petard?

Social Security payments are set to shrink over the next two years, for the first time since 1975 when automatic (COLA) increases were first instituted. Remember when the last Administration attempted to reform the system, understanding that within about 10 years the system was going to hit a brick wall?

I do too. I wonder what the now-Congressional majority thinks about it 4 years later?

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