BULL BISCUITS!

The Baby Boomers are in trouble because back during the 1980s, it was realized that a surge of retirees would enter the Social Security System starting about now and that cash flow would go negative (originally expected near to 2020, the reversal has already occurred).

So, in the mid 1980s, Social Security taxes were increased in order to build up a cash surplus in the Social Security trust fund. But this was an intended surplus to cover the expected Baby Boomer shortfalls.

Then the Clintons came to power. And in 1998 Congressional Testimony revealed that Clinton's illusion of a Federal Budget Surplus had been manufactured by looting the cash from Social Security and spending it as general revenues!

In other words, Bill Clinton spent the retirement funds of Americans to balance his Federal Budget!

Don't take my word for it; read it yourself!

The government "borrowed" your retirement funds during what was claimed to be an economic boom, meaning that there could never really be a time when the loans could be paid back. So now, either the government has to tax the people a second time for the benefits already paid for (difficult to do when there is nothing to tax) or stiff Americans for the benefits they already paid for.

It is pretty obvious which way the Federal Government plans to handle this mess!