Nth dimentional chess, poker or whatever I don't give a f*** That is NOT the point

[sabrina 1]

72. There is no problem with SS. I don't know where you are getting your information

from. The SS Fund is good to pay out all of its obligations for 22 years without doing a single thing right now. And those numbers are based on the bad economy and the high unemployment figures from last year. The SS fund has more than one source of income. It is one of the best fiscal programs ever, certainly far better than the Fed Govt's budget.

There is a surplus of over two trillion dollars in the fund right now. It is in Treasury Bonds which is backed by the full faith and credit of the US Govt. That is the second source of income for the SS. Interest on those bonds which has been paid with no problem just as happens to anyone else who holds Treasury Bonds.

When the economy improves and unemployment rates go down, those number will be even better.

Even if there is a shortfall in SS taxes, which has happened at least eight times since the fund was first set up, SS has two other sources of income. Which is why, even in this bad economy the Fund has had still had a surplus including for the past year.

By 2023, the Fund will double and will have over 4 trillion dollars in it.

There is no logical reason why this fund is part of any discussions of the Fed Govt's budget at all, other than, the Republicans have been after that huge fund ever since it started. Dems, up to now, have fought them to protect it.

The only thing that needs to be done to ensure that SS extends beyond the next 22 years (aside from an improvement in the economy) is to raise the cap and to keep the American people employed. Doing those two things would extend the fund's capacity to cover 100% of its obligations for up to and beyond the next 75 years.

But as of now, with a surplus every year so far, there are no problems with SS.