U.S. Economy: No Easy Answers, But Plenty of Questions [View article]
Insolvency of the social security? That's right wing Kool-Aid talk.
Social Security does not even dip into the trust fund until 2017, and the trust fund can continue to make full payments until 2042, dropping slowly after that, but not to less than 70% of full benefits.
That's not insolvency. Unless of course your claim is that the trust fund is not there. Even then, it's not insolvency. Call it what it is: DEFAULT.
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Insolvency of the social security? That's right wing Kool-Aid talk.
Nov 20 12:53 pm
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All Comments by Ronald Pires »U.S. Economy: No Easy Answers, But Plenty of Questions [View article]
Social Security does not even dip into the trust fund until 2017, and the trust fund can continue to make full payments until 2042, dropping slowly after that, but not to less than 70% of full benefits.
That's not insolvency. Unless of course your claim is that the trust fund is not there. Even then, it's not insolvency. Call it what it is: DEFAULT.