Gary Denton wrote:
This goes beyond being wrong. The "trust fund" is separate
bookkeeping in the SS administration showing how much they take in and
where they have invested their income.
Exactly. The asset change per year is simple -- revenue in minus costs and benefits out. The fact that the federal government has some siphons attached to the cash flow spigot doesn't change the fact that this number has been increasing. The latter is a political problem, not a financial one.
Nick
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