Monday, August 22, 2011

ANOTHER WINGNUT FINANCIAL "CRISIS"

Remember how they tried to privatize Social Security by falsely claiming that there was no trust Fund (and how they recently contradicted themselves)?  That didn't work out so well for them so now they are spinning about this:
Social Security disability on verge of insolvency
By STEPHEN OHLEMACHER - Associated Press
Both Billy Cunningham and Mark Steyn are falsely claiming that SSDI is just about broke when it isn't:
If Congress does not act, the disability program will collect only enough payroll taxes to pay about 85 percent of benefits after the trust fund is exhausted in 2017.
Worse, they are claiming that the problem is that there are too many frauds collecting SSDI.

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