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      03-21-2008, 02:34 PM   #12
ganeil's Avatar

Drives: 328i Coupe
Join Date: Sep 2006
Location: Georgia

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Originally Posted by dr325i View Post
I wonder what percentage of that GREAT GDP you mention went toward healthcare, housing help, or recovery of the social security funds???

Let me answer for you:
very little, none, none!
You really should not speak if you do not know what you are talking about.

From the Social Security Administration:

In 2006, the combined cost of the Social Security and Medicare programs represented roughly 7.3 percent of GDP. Social Security outgo amounted to 4.2 percent of GDP in 2006 and is projected to increase to 6.3 percent of GDP in 2081. Medicare's cost was smaller in 2006-3.1 percent of GDP- but is projected to surpass the cost of Social Security in 2028, growing to 11.3 percent of GDP in 2081 when it will be 80 percent larger than Social Security's cost. In 2081, the combined cost of the programs will represent 17.6 percent of GDP. As a point of comparison, in 2006 all Federal receipts amounted to 18.5 percent of GDP.


1974 2002tii
1978 320i
2007 328i