Do you think this post is about me? I am against the Social Security system as it exists today. For decades there was a surplus in Social Security because the contributions exceeded the outtakes. The surplus contributions were spent on other government expenses and U.S. Treasury Notes are held to represent this spent money. The only thing that gives these treasury notes any value is the power of the federal government to collect money from future taxpayers. No Social Security contribution was ever put into any real wealth creating investment. When you are told that the $2.7 trillion of U.S. Treasury Notes in the Social Security Trust Fund Reserve can be used to demonstrate the solvency of Social Security without the mention of the process to redeem those treasury notes you are being misled, lied to. The only way to make Social Security solvent would be to allow participants to put some of their Social Security contributions in real wealth creating investments and own their individual Social Security account. The federal government has already demonstrated that they are willing to use federal deficit spending to make up the financial shortfall as they have done for the last five years. I would NOT be against actions taken to cause Social Security to be solvent.
Listen one more time: in 7 years tariff revenue could buy back all those tbills and more. You’re fixated on one solution.