Soc. Sec. Admin never predicted insolvency would happen in 2000s. Always ~2030s

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May 6, 2024
11:26:23am

BYU'01 All-American

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BYU'01

Bio page: BYU'01
Joined: Jan 18, 2003
Last login: May 18, 2024
Total posts: 7,764 (116 FO)

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Messages

Author

Time

Social Security fund will be running out of money sooner than expected.

Samsonite

May 6, 10:55am

My reply was flagged.different way. War is evil but is always given the funds

barebones

May 6, 11:00am

High interest rates are accelerating the reckoning.

NumbersGuy

May 6, 11:03am

As it is now, it will always be paid for by overspending and inflation

Pro Logic

May 6, 11:07am

We’ll just print more money

KingDave

May 6, 11:09am

Honestly, I’m sure it can happen but they have been predicting SS

AF_Puma

May 6, 11:14am

Soc. Sec. Admin never predicted insolvency would happen in 2000s. Always ~2030s

BYU'01

May 6, 11:26am

That report still says ~2030s for benefit cuts to start.

valcorger

May 6, 11:33am

Yes, a year earlier. AF_Puma claiming it’s a ~20-yr ‘crying wolf’ scenario.

BYU'01

May 6, 11:42am

Yep. We are just a lot closer now and still have done nothing.

Jstak17

May 6, 11:49am

It's the only legal PONZI scheme that I know of. The people receiving benefit r

fulano

May 6, 11:40am

Except we don’t even wait for the new investors to enter in - some haven’t

LeGrandBleu

May 6, 11:47am

Details.

Spiff

May 6, 11:56am

Don’t worry. Both candidates will ignore this. Old people vote after all.

Jstak17

May 6, 11:47am

No worries. Christ will be back before then.

gopman

May 6, 12:23pm

Size is Social security compared to student loan forgiveness or housing collapse of 2008 is only 1000x. What could go

FromCAtoUT

May 6, 12:35pm

Either AI or climate change will kill all of us before then.

roseyscenario

May 6, 1:02pm

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