Wednesday, July 13, 2011

Hey, yeah, I thought the Social Security “trust fund” was doing just fine?

Elliot asks:

…Democrats keep telling me it (the “Trust Fund”) isn’t bankrupt so why should the government’s inability to borrow MORE money imperil (its) obligation to pay Social Security?


It’s almost as if they don’t really believe the things they say.

UPDATE – as of last year, they expected to have enough assets to cover liabilities until 2037. So, gee, what changed?

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