Quote:
Originally Posted by Honus
I'm no economist, but it seems to me that SS has been clicking along for 70+ years without missing a beat. It needs adjustments to keep itself solvent, but I don't think we should scrap it.
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You do understand there isn't one thin dime in the SS trust fund.
Our great leaders have spent it willy nilly.
More was coming in than going out, so out leaders spent that too.
Now the day is coming when there won't be enough coming in to cover whats going out so they'll have to start taking money out of the trust fund to make up the difference.
Oh wait, there's nothing in there, my oh my what will we do ??
Funny a corporation must have reserves to pay it's pension obligations, ah but this is the government.