Back to National Dialogue Home Page
National Dialogue
General Discussion

Date Index
<Previous -by date-Next>
Author Index
Subject Index
<Previous -by subject-Next>

RE: SS, MORE than retirement


Bill Larsen said:
"Social Security earns the current rate a treasury note does. No
more and no less. You can check out the rates paid from 1937 till
current and the average in 1998."

Please, it earns nothing! The trust fund represents a debt, not an asset. It makes no sense to talk about the government paying interest to itself! When those bonds in the trust fund come due, they can only be paid from new taxes or reduced spending elsewhere in the government.

Fast Facts National Dialogue Home Page Project Information Briefing Book