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The Two Percent Doctor
January 12th 04:41:04 PM

WILLisms is in its 67th week of Social Security reform information. Here's an excerpt from yesterday's post, "Two Percent Is Bigger Than It Sounds":

Social Security will eat away 2% more of America's GDP [in 2030] than it does today. That's not two percent of the Federal Budget, but America's entire GDP. 6.2% of 13 trillion (roughly the current size of the American economy) is $806 billion. That's serious money. That's the entire budget of several large governmental agencies, combined.



Posted by Ryan Lynch
 

 

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