Friday, March 18, 2011

The Social Security Trust Fund Lie

Those Social Security trust fund "IOUs 'do not consist of real economic assets that can be drawn down in the future to fund benefits' . . . [and] pay off seniors for the next 26 years. . .

That money is gone with the wind. Those trust fund trinkets are nothing more than a record of past borrowings. They say nothing about the future."

Read the Washington Post, It’s still an empty lockbox.

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