That made my head spin. You do realize the lockbox is empty?

That money is long gone. Now remake your argument knowing that.


.


On Sat, Nov 20, 2010 at 7:15 PM, Eric Roberts
<[email protected]> wrote:
>
> What you are forgetting is that if we are indeed going back to pre boom
> levels, then that would be the level at which SS payouts would have been
> made while boom contributions were being made, growing the fund larger that
> what was needed for the payouts.  Now that the boomers are retiring and
> collecting SS, the excess that they contributed over the payouts would
> supplement the lesser amounts being contributed.  As post boomers retire and
> start collecting, a lesser amount of payouts will be made, which will keep
> pace with what is currently being contributed.  So your logic does not hold
> out.

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