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To: businessprofessor

Benefits paid versus payroll taxes received over the life of the program result in a surplus. That surplus will soon turn into a deficit, but as for now Social Security has not added one dollar to our National debt.


43 posted on 11/30/2011 7:05:43 AM PST by csmusaret (The only borders Obama has closed is a bookstore.)
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To: csmusaret

You are spreading misinformation. The life of the program does not matter. The dollars have already been spent. The life of the program would matter if SS had assets. It does not have assets. The cash flow is now negative about $150 billion. SS is just one of many runaway entitlements.

You have a moral claim to benefits. So what. A moral claim does not mean that the benefits can be paid. The government is broke including SS benefits.


44 posted on 11/30/2011 7:15:04 AM PST by businessprofessor
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