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Yeah, but the trust fund's running out doesn't mean there are no benefits anymore. It just means the only funds to pay them come from current payroll taxes. The
by smeej 2y ago
Yeah, but the trust fund's running out doesn't mean there are no benefits anymore. It just means the only funds to pay them come from current payroll taxes. The trust fund can no longer make up the shortfall.
SS may very well survive at reduced benefits a lot longer than 2035. Whether someone should give up hope of any benefits in 40 years is a fair question.
- OedipusRex 2y agoSomethings got to give if SS dries up, what that is I do not know. I have hopes for a more robust, more ahem socialized healthcare system, but that doesn't seem likely with current trends
- smeej 2y agoAs long as there are workers, it doesn't dry up entirely. I guess the problem then becomes the fact that U.S. fertility has already fallen below the replacement rate.