WHY AREN'T DEMS RAISING HELL: New SS Money got average of 1.8% interest for 2016!

[eniwetok]

12. Why are you more concerned about market rates than the health of the SS funds?

First, there really is NO true market rate for interest... it all operates in the grander scheme of what rates the Fed sets. So should the health of the SS trust funds be held hostage to what the fed does? For the past 15.5 years the rate has been below 2.5% for all but 2.5 years and it's been below .2% for EIGHT YEARS.

https://fred.stlouisfed.org/series/FEDFUNDS

Second, yes... since by law the government MUST borrow from surpluses in off-budget trust funds they WOULD pay more than other market sources... but under my proposal ONLY WHEN THE "MARKET" RATE DROPS BELOW THE FLOOR. The low fed rates could not have come at a worst time... just as the baby boomers were going to start retiring en mass.

Look at it as a safety net to help protect the health of a safety net program. An interest floor is NOT unreasonable given the vital purposes of these SS Trust funds.