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To: rintintin

Yes!
Yes it does!
Money paid is money paid!

Anyway it’s silly to talk of the SS trust fund as if it were a lockbox. That’s so stupid only the media could say it.
The payments went to the General Fund and got spent.


53 posted on 01/22/2020 10:14:12 PM PST by mrsmith (Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: mrsmith

“The payments went to the General Fund and got spent.”

So did your money when you bought Treasury bonds. The government spent that money to. But it promised to pay you back with interest, just like it promises to pay back the Social Security system with interest. The surplus from Social Security has been used to purchase government bonds, the same way private individuals like you and me buy government bonds. And yes, the money gets spent - with a promise to repay. You’re not saying that your bonds shouldn’t be repaid at the promised interest rate, are you?


55 posted on 01/22/2020 10:17:37 PM PST by rintintin
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