The Obama Recovery Gathers Momentum: Social Security Cash Flow Goes Negative a Full Five Years Ahead of Projections

Say you're 55 years old -- or younger -- and have been paying into Social Security your entire working career. And say you were counting on Social Security to last long enough to pay for your basic necessities. Say, a thousand or two a month.

After all, you've paid tens or even hundreds of thousands of dollars, depending upon your income bracket, into the "Social Security Lock-box". Of course, Democrats lied about there being a lock-box, a trust fund or any other sort of separate account for your payments. They threw the positive cash flow into the Treasury's general fund and spent it.

And now, for the very first time, the cash flow for an entire six month period is negative. That's a full five years ahead of projections.

Social Security tax receipts for the first half of 2010: $346.9 billion; Social Security benefits payments for the same period: $347.3 billion. Before this year, projections have always been that Social Security wouldn’t cross that line into negative cash flow for five years or so. Now it’s a reality. Congress has been spending Social Security’s positive cash flow for years. Now there’s no positive cash flow to spend.

To see how the negative trend has accelerated, consider the same figures for the first half of 2009: Social Security tax receipts were $366.0 billion and Social Security benefits payments were $334.3 billion. A positive cash flow of $31.7 billion has disappeared in the course of just 12 months. Scary.

Say you're under 55 years old and you voted Democrat.

Don't you feel like smacking yourself in the head right now?

President George W. Bush tried to begin the necessary reformation of Social Security in 2005. He was absolutely shredded by the liberal media and Democrats -- but I repeat myself -- who used every fear tactic, every big lie imaginable to tell Seniors they were going to lose their monthly checks.

Well, I got news for you twisted freaks: everyone's going to lose their monthly checks because Social Security must be reformed or it will simply implode.

Not to put too fine a point on it, but the Democrat Party has become a treasonous, poisonous passel of America-hating weasels. At best.

It's November or never, folks.