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To: businessprofessor

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.

I agree with that statement, but Social Security has not yet added one dollar to our National debt.


45 posted on 11/30/2011 7:22:19 AM PST by csmusaret (The only borders Obama has closed is a bookstore.)
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To: csmusaret

Yes it has. This year, SS has a cash flow deficit. I believe there was a cash flow deficit in 2009 and 2010 also. SS is now adding to the debt and annual deficit. Government accounting is so phony that I am not sure the status of any program matters. The cumulative impact of uncontrolled government spending will come crashing down when the dollar is devalued. SS and many other programs will be impacted. There will be blood in the streets.


46 posted on 11/30/2011 8:24:12 AM PST by businessprofessor
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