Bottom line, it is broke. Cause more money is taken out then put in.
The whole US federal debt is 15.2 trillion dollars now. The SS ponsi scam is just part of the overall picture.
Uncle Sam pays out 300 billion per month and only collects 180 billion in taxes per month. SOoooo.....The other 120 billion comes from borrowing.
To really see where the largest entitlements are just look at this website...www.usdebtclock.org, this is staggering and sickening at the same time. I believe that the US of A will become just like the nations of Greece, Italy, Iceland, etc. Due to the politicians trying to please the workers, (tax payers) and the takers, or non-workers. Now if you could just take the right to vote away from the non-workers then the problem would fix itself overtime. Ok throw me to the wolves.
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Today's Featured Article - Tractor Hydraulics - The Basics - by Curtis Von Fange. Hydraulics was one of the greatest inventions for helping man compound the work he can do. It’s amazing how a little floor jack can lift tons and tons of weight with just the flick of a handle. What’s even more amazing is that all the principals of hydraulic theory can be wrapped up in such a small package. This same package applies to any hydraulic system from the largest bulldozer to the oldest and smallest tractor. This short series will take a look at the basic layout of a simple hydraul
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