Quote:
Originally Posted by kknudson
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 ??
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Modest adjustments now will make the system solvent for decades.
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Funny a corporation must have reserves to pay it's pension obligations, ah but this is the government.
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Exactly right. This is one thing that only the federal government can do and it does it very, very well.
10-21-2010, 08:42 AM
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