Is Obama "Hiding the Decline?"

"Hide the Decline" became a code word for the shenanigans the climate scientists were playing with the numbers that showed that global warming wasn't actually happening.  There's another set of numbers, those showing the condition of Social Security and Medicare, that are supposed to have been released by now but so far the Obama administration is keeping them under wraps:

Every year, the Annual Report of the Social Security Board of Trustees comes out between mid-April and mid-May. Now it's July, and there's no sign of this year's report. What is the Obama administration hiding?

The annual report includes detailed information about Social Security and its financing over the next 75 years, produced by the Office of the Actuary of the Social Security Administration.

The Congressional Budget Office reported last week in its Long Term Budget Outlook that Social Security was already running a deficit this year. According to last year's Social Security Trustees Report, that was not supposed to happen until 2015, with the trust fund to run out completely by 2037.

With the disastrous Obama economy, the great Social Security surplus that started in the Reagan administration is gone completely.

Every year, the federal government has been raiding the Social Security trust funds to take that annual surplus and spend it on the rest of the federal government's runaway spending, leaving the trust funds only with IOUs backed by nothing but politicians' promise to pay it back when it's needed. Now even that annual surplus is gone. How soon will the trust funds run out completely now?

President Obama keeps telling us a fairy tale that he saved us from another Great Depression. But he is actually leading us into another Depression.

There's more at the link. A report showing a disaster for Social Security and Medicare would cement the disastrous election results that are likely in November. The older folks, who vote in larger numbers than any other age group, would be outraged and scared at the prospect the social safety net they've come to rely on is in dangerous shape. And the younger people who are paying into these programs would begin to realize all that money may be wasted and those funds won't be there when they're ready to retire.