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To: justlurking

“The reason OASI is in trouble is simple demographics and economics”

A major economic reason is interest rate cuts by Obama Federal Reserve appointees. When the Federal Reserve cuts interest rates, the Social Security trust funds eventually earn less interest income.

It’s too late to save the Disability Trust Fund.


41 posted on 10/14/2015 9:31:02 AM PDT by Brian Griffin
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To: Brian Griffin
"the Social Security trust funds eventually earn less interest income.

The "social security" trust fund? You mean that little bag Santa Clause carries around on his back? There's no money there earning interest. There is an IOU with another IOU on the interest in the "Social Security" trust fund.

43 posted on 10/14/2015 9:39:00 AM PDT by Fhios
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To: Brian Griffin
A major economic reason is interest rate cuts by Obama Federal Reserve appointees. When the Federal Reserve cuts interest rates, the Social Security trust funds eventually earn less interest income.

The OASI Trust Fund was in trouble long before the prevailing dividend rates were reduced.

46 posted on 10/14/2015 9:44:25 AM PDT by justlurking (tagline removed, as demanded by Admin Moderators)
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