Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Proposed massive cuts to Social Security
#35
(12-12-2016, 08:06 PM)Yojimbo Wrote: Al Gore infamously referred to as the "lock box" no SS money can be used for anything other than paying SS benefits. The surplus can't be used for other govt projects.

I don't think that would help much.  The govt will print money to pay its obligations, whether that includes SS or not, and the resulting inflation would make that "lock box" worth pennies on the dollar.  Or they don't print money and default on other obligations, and the dollar gets crushed.
--------------------------------------------------------










Messages In This Thread
RE: Proposed massive cuts to Social Security - JustWinBaby - 12-13-2016, 06:22 AM

Forum Jump:


Users browsing this thread: 1 Guest(s)