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To: Kaslin
Social security would have worked fine if the guberment had not gone out on a drunken binge and spent $13.4T on pork. They keep screwing things up so for make work projects later.
20 posted on 12/16/2013 6:58:35 AM PST by mountainlion (Live well for those that did not make it back.)
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To: mountainlion

SS is not actuarially sound. It is a Ponzi scheme. It has nothing to do with government spending. SS has been running in the red, i.e., benefits paid out exceed the revenue taken in since 2010 and will continue to do so indefinitely until the SSTF is exhausted in 2033. Then benefits will have to be reduced by law to only the amount of revenue received.


34 posted on 12/16/2013 8:54:59 AM PST by kabar
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