Wednesday, August 3, 2011

The Sarcasm Report v.119

August 2, 2011
How to Predict Your Social Security Payout

To save money, the Social Security Administration stopped mailing annual Social Security statements to workers this year.

It says statements, not payouts. Whew! The crisis has been averted yet another year. Hurray!

For a moment I thought we spent all the money on bailing out the banking elite. What a relief!

6 comments:

Who Struck John said...

Ah. They've finally decided to quit reminding Gen X of how much money they paid in that they'll never see back.

Word verification is "blestred". I guess we'll be blessed with a lot more red ink!

Stagflationary Mark said...

Who Struck John,

Horses escaping! Anarchy! Must shut all barn doors! ;)

I cringe every time the government uses the "to save money" phrase.

To be fair, I have used it myself. Perhaps government is simply a reflection of me.

Oil at $83? Earning 1% Interest? Things Not to Hoard!

We buy candy bars in bulk to save money. Believe it or not, we do not actually eat 12 times more candy bars per week just because they are in the house. I know it is hard to believe, but it is true. We apparently have some self-control.

If only the government had some self-control. The term drunken sailor comes to mind.

Who Struck John said...

You just slandered drunken sailors. After all, drunken sailors _stop spending_ when they run out of money ...

Stagflationary Mark said...

D'oh! Shame on me!!

Troy said...

what cheeses me off more than anything is the new-found necessity to "reform" social security now that the $2.6T FICA surplus has been built up.

I actually did a year-by-year calculation of my FICA contributions (my first FICA year was 1986) vs. the excess FICA for the year and came up with a $25,000 or so overpayment.

Now they want to cut my social security payouts by $25,000.

Coincidence? I think not.

Stagflationary Mark said...

Troy,

The good news is that if you lose your house because of lower SS payments then we will somehow find more money to bail out the banking system again.

I'm sure that is of great relief to you.

Sorry. I'm in gallows humor mode nearly all the time now.