[dirtboy]

But if the trust fund does run out, the government would have to raise taxes or cut benefits, or some combination of both, to keep Social Security solvent.

Yes, if the trust fund is ever depleted, then something will have to be done.

Uh, Krugman, in order to redeem the bonds in the trust fund, the government will have to raise taxes or borrow more money. What a weasel.

[lucysmom]

Uh, Krugman, in order to redeem the bonds in the trust fund, the government will have to raise taxes or borrow more money. What a weasel.

Are you suggesting the bonds shouldn't be redeemed?

[Kozak]

Da. The " Trust Fund' is stuffed full of IOU's addressed to ourselves (actually our kids!).