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Old 02-16-2011, 06:44 PM   #2
spence
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Quote:
Originally Posted by justplugit View Post
The problem with the Social Security Trust Fund is the government has been borrowing trillions of dollars
from it since 1942 with the borrowing sky rocketingfrom the 70's on.
There are no $$$ left because of it, a Ponzi scheme for sure.
Not sure that's really accurate. There's a lot of money in the trust on paper, but it's invested in the US and shows up as debt.

The problem isn't as much SS as it is overall fiscal health.
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