In what can easily be characterized as the most blatant error in its history (and soon, potentially, fraud), the Social Security Administration announced that as a result of several erroneous W2 filings by two people, amounting to a $32.3 billion “mistake” the entire statistical wage table released previously has been scrapped and a new one has been released, indicating that wages in the US, and especially for the top earners, dropped, instead of declining modestly, and in some cases increasing. Of course, the timing for the revelation on the day of the elections is a total coincidence.
Social Security is of course baffled and confused at this vexing error that somehow no one there caught before now, that two filers had combined incomes of $32 billion. Happily, they discovered it just in time for Election Day so we can know the elites are having a rough go of it too, so stop with all the populist rabble-rousing, already.
The comments at ZH are always fun.
Two erroneous tax filings are large enough to skew the entire US population’s average wage decline by over 50%? Nah. No ruling elite around this place. Just a rumor… a myth.
The whole system is a massive fraud. Ridiculous and disgusting. Hang the bastards.
I reported on my W2 that I had made $1 quadrillion, but I meant that in 2013 dollars. In todays dollars that is $10.
Isn’t is strange how we can transition in life from believing everything we are told to believing nothing we are told. Some never make the transition. Yet, we continue to support this system of government. Go figure…
I can see how they made this mistake. They just figured that these folks were in the banking industry, and enjoying some of those record bonuses paid out due to TARP saving their collective arses!
What a bunch of monkeys!