[[You want to discuss this civilly, drop the conspiracy crap. You are wrong, it’s a lie, and whoever told it to you did it to get you agitated. And it’s working.]]
There’s no ‘conspiracyu’ about it- it’s plain fact- you can look these numbers up yourself- Illegals are costing this country upwards of $600 billion dollars ever year
[[You can look at the annual report and do the calculation: the Trust fund earned 3.55% last year, consistent with US Treasury Bonds.]]
They are paying it back with borrowed money- which they pay interest on which cancels out any % earned-
And drop the idiotic accusations of ‘conspiracy’ - We’re simply talking facts here- Can you at least try to respond without constantly having to act like that? Your constant need to insult is tiring- ok?
[[The surplus over the past few decades wasn’t that large, because most of the payroll taxes collected went to the beneficiaries. And ultimately, that’s your answer.]]
Again that brings us back to the money that was taken out of SS, used for other things, then paid back with borrowed money which incurred interest penalties- You say they are buying non marketable bonds- but what are they buying them with? The money is gone- what money gets paid back with borrowed money goes to recipients, and there’s nothing left over- Something simply doesn’t seem to add up here- Are they buying bonds on credit, and then paying for it later with borrowed money which also gets penalized with interest?
The issue you and I are discussing is where the money went In the past, why it wasn’t invested like it should have been- not about the fact that the system is currently broken- that’s a given- the question is why is it broken
[[But, spare me the complaining about stuff that didn’t happen, or stuff that is irrelevant.]]
Stop with the idiotic accusations of ‘complaining’ no one is complaining- Asking questions about something and citing facts is not complaining- Everything I brought up ties into the need for the government to tap into SS and give out iou’s- tying up the money, then paying back even if with interest, but basically negating that interest by having to pay interest on the money borrowed to pay it back with- There must be a reason why, with all the people paying in, and far fewer collecting, that the system became broken- and I’ve listed a few reasons why it seems reasonable that the system became unworkable-
[[Despite attempts to raise taxes to pay for it, and accelerate that increase in the 80’s, the demographic and economic assumptions were too optimistic. They raised benefits too high,]]
Thank you- finally you provide a possible answer to the current crisis- and without an insult too- Bravo! (although it still doesn’t explain the issues mentioned above). If this is true, do you have evidence pointing to this claim? That they goofed In their figures? Surely they had the greatest financial minds working on the issue? No?
[[If you don’t like the truth, please spare me the outrage.]]
Oooopsie- you blew it again- and here I thought you could finish your response without some childish insult- but nope- I was wrong
And, that's the end of our discussion.
I've told you over and over: Social Security financing is completely independent of the federal budget. I provided plenty of citations for you.
But, you are so caught up in your pre-conceived notions of what's wrong, you refuse to listen. And that's why I'm done with you.
I realize that it's really difficult to accept who is really responsible for the problems with Social Security: your parents and grandparents. But, if you aren't willing to make the necessary sacrifices to fix it for your own children, you're going to be surprised when you have no choice.
Good bye, and good riddance.