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>ignoring the fact that we'll be collecting taxes all that time. This is all wrong and it does not ignore this. The calculation only includes the portion of fu
by Kranar 5y ago
>ignoring the fact that we'll be collecting taxes all that time.
This is all wrong and it does not ignore this. The calculation only includes the portion of future obligations that can not be funded based on future revenue estimates. It does not simply take future expenses without taking into account future revenue as that would be patently absurd.
Furthermore it only includes future obligations that have currently been committed to, so for example it does not make projections about people who will at some point in the future be enrolled into Social Security (for example people not yet born).