3 ms·
Money is fungible, so any trust fund or lockbox is an accounting fiction. SS being "fine" is irrelevant if the rest of the budget runs huge deficits, especially
by orangecat 15y ago
Money is fungible, so any trust fund or lockbox is an accounting fiction. SS being "fine" is irrelevant if the rest of the budget runs huge deficits, especially if raising taxes isn't viable because Social Security's (regressive) taxes are already taking so much.
Medicare is the big problem. And the problem is costs.
Agreed. More specifically, the problem is aging. We should do something about that.