Apr 26, 2012

Chicken Little Rides Again!

Gary Varvel, 4/25/12:
The news that Social Security and Medicare will possibly run out of money -- assuming everything stays exactly the same for several decades, which it never has yet -- is a shocking new development, and not something that crops up every four or five years, to be fixed by tinkering with those programs.

Also of note: if there was a calendar in this cartoon, it would have to read at least 2030, because that's when those programs are currently projected to have difficulty funding their currently-mandated levels based on their currently-projected income.

One might also decide to look at the federal budget for 2030, as much as such a thing can be projected, and see if it is equally solvent.

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Please remember that the purpose of Editorial Explanations is to explain and to expand knowledge, rather than to engage in any partisan bickering. All cartoonists are completely correct, in their own worlds.