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It's kind of like the 'Social Security is going broke' scam. Social Security is, by design, pay as you go. It's not supposed to have a surplus, normally. To his credit, Ronald Reagan worked with Congress for a short term, relatively speaking, increase to meet the demands of the baby boomers coming through. That's the Social Security Trust Fund surplus. When it's depleted Social Security won't be 'broke'. It will be back to it's normal operating mode. The Trust Fund is SUPPOSED to be zero unless there is a population bump, like the baby boomers, coming through.





Social Security or Social Security Insurance (SSI) was originally setup as a totally separate fund from all other government funding. It had a massive surplus, which is why President Johnson started writing IOU's and taking the money to be used in the general fund. So, on paper Social Security has a very large surplus, but since the money was withdrawn and IOU's put in its place, it is broke and now is pay as you go.


Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety. Benjamin Franklin, US author, diplomat, inventor, physicist, politician, & printer (1706 - 1790)