Social security is INSOLVENT!
Let me repeat - SOCIAL SECURITY IS INSOLVENT.
It cannot afford to pay everyone off which is why they’ve raise the retirement rates and cut benefits, increases and payments.
But sure, they’re perfectly capable of administering a one-size fits all retirement plan.
(and don’t even get me started on the government’s “success” with Obamacare)
Great post. There’s no “lockbox” with trillions in it.
The SS fund were thrown into the budget and used for other things.
Anything that might have been inflationary, life oil, etc. has been taking out of the inflation index so as to give no increases in SS for a decade or so.