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But this is the problem they grappled with when they created social security directly after the great depression market crash. It's important to understand tha
by daft_pink 3y ago
But this is the problem they grappled with when they created social security directly after the great depression market crash.
It's important to understand that they invested in risk free assets ie government bonds, because it was a social safety net in reaction to problems in the market.
Except it was much smaller then, the problem is that now they've created so many bonds that the bonds are the problem. Anyway you look at it, creating a giant government program like this is. going to be a problem.