F’ed in the A

I’m looking at one of my paystubs. I’ve got my 401K contribution maxed out, and yet, every month I’m putting slightly more into paying for someone elses Medicare and Social Security than I am into my own retirement. I’m all for the social safety net, but lets face it, that is messed up.

Its just going to get worse too, because right now, that federal government is spending most of our social security contributions on other programs, like failing to reconstruct Iraq, because there is currently a surplus. In 10-15 years though, as more of our aging population starts to retire, that surplus is going to become a deficit, and they are going to have to jack up tax revenues.

It’s complete bullshit.