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They're not part of negotiations because there was such a backlash during the Reagan era. Part of his campaign platform was to reel in the entitlements. Then he
by analog31 2y ago
They're not part of negotiations because there was such a backlash during the Reagan era. Part of his campaign platform was to reel in the entitlements. Then he discovered that people like their entitlements. George Bush tried to privatize Social Security, and the idea went nowhere in a hurry.
The value of Social Security is the expectation that it will be bailed out by the government if it goes bust, for instance if the trust fund is depleted.
- skhunted 2y agoYou do not understand how this all works. Social Security "spending" does not add to the deficit. It is not the source of any budgetary imbalances or of any structural budgetary issues in the United States. It is a pension system that is funded by workers that happens to be run by the government.