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The nonsense is that your comparison again has no relevance to the social security trust fund. Your scenario is based on the assumption that "the business spent
by tunesmith 10y ago
The nonsense is that your comparison again has no relevance to the social security trust fund. Your scenario is based on the assumption that "the business spent the money" and "gave you an IOU". When the fact is that the government did not "spend the trust fund", and there is no such thing as a social security IOU.
As far as the general fund being in deficit, how they resolve that has nothing to do with social security, which has a healthy trust fund to draw upon until 2034, after which benefits will automatically shrink until payroll contributions are enough to fund the trust fund again.
https://www.ssa.gov/oact/progdata/fundFAQ.html https://www.ssa.gov/oact/progdata/fundFAQ.html
If on the very small chance you are not in favor of cutting social security in any sense, know that the argument that there "is no trust fund" and "it's just IOUs" is a right-wing argument, a right-wing frame, that is typically only advanced to justify cutting social security in some way. If you are not in favor of cutting social security, find different language. If you are, then be intellectually honest about your views that government has no role in doing what social security does, rather than engaging in myths about non-existence of trust funds.
- mason240 10y ago>The nonsense is that your comparison again has no relevance to the social security trust fund. It's YOUR comparison. What a troll.
- mason240 10y agoOh wow, you really dug out a sockpuppet to downvote me for pointing out that comparison you shredding was YOUR comparision? That's really sad.