'Social Security is going bankrupt' and other lies about money Americans believe: (OPINION via QuinnsComments)
It’s well known that we tend to believe what we want or what fits our preconceived notions. But this is getting out of control. Here’s what drives me nuts on the misinformation superhighway:
The real problem with health insurance is that it isn’t insurance at all. We expect our health insurance to reimburse us for everything we spend, rather than just for extraordinary expenses. That’s not how real insurance works. 6. “Social Security is going bankrupt.” Wrong again. As long as there are taxes coming in, Social Security can’t go bankrupt. But when the Social Security trust fund is depleted, the incoming taxes won’t be sufficient to pay 100% of promised benefits.
9. “Congressmen are paid their salary for life.” This is another persistent rumor. To receive a pension, a member of Congress must have five years of service, which means a member of the House of Representatives would need to be re-elected twice. A pension is nothing close to full pay. And, yes, members of Congress pay Social Security taxes and contribute toward their pensions.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
The New Must-Have Workout Equipment: SocksInitially skeptical about buying grip-soled specialty socks from the studio where she took barre classes, one woman now owns 14 pairs
Lire la suite »
Liam Payne opens up about alcohol abuse and his 'toxic' time in One DirectionLiam Payne was 14 years old when One Direction rose to fame, and it wasn't an easy transition for him, he said in an interview with Men's Health Australia.
Lire la suite »
Rihanna, Celine Dion, Safra Catz: Here Are The Most Successful Immigrant Women In The U.S.Nineteen immigrants appear on the 2019 Forbes list of America’s Richest Self-Made Women. They come from 14 countries, more than half from Asia.
Lire la suite »
Kirkland's stock set to plunge after wider-than-expected loss, sales missShares of Kirkland's Inc. were indicated down about 14% toward a 10-year low in premarket trade Thursday, after the home decor retailer reported a fiscal...
Lire la suite »