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To: rintintin

Spending is outpacing revenue. Until that changes, nothing else matters.


11 posted on 01/22/2020 8:15:26 PM PST by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: Theoria

“Spending is outpacing revenue. “

Up until this year, Social Security current yearly contributions exceeded yearly payouts. Even for the next 15 years, the total of yearly contributions plus interest on bonds purchased with past surpluses will, in total exceed payouts.

The claim that Social Security has contributed to recent deficits is a lie.


15 posted on 01/22/2020 8:19:17 PM PST by rintintin
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