If I died today

[Baldy]

They're going to solve the problem by running SS into the ground.

SS is still taking in more than it spends.

And merely raising the earnings limit would keep it solvent for centuries

Because of the payroll tax holiday, SS went underwater in 2011. Now that baby boomers are retiring at record pace, it's only going to get worse.

[UNI88]

They're going to solve the problem by running SS into the ground.

SS is still taking in more than it spends.

And merely raising the earnings limit would keep it solvent for centuries

But they're giving out more than the people who are receiving the benefits paid in and the interest earned on those payments.

It's a government sponsored ponzi scheme that we're forced to participate in.

[Baldy]

SS is still taking in more than it spends.

And merely raising the earnings limit would keep it solvent for centuries

But they're giving out more than the people who are receiving the benefits paid in and the interest earned on those payments.

It's a government sponsored ponzi scheme that we're forced to participate in.

Bernie Madoff is sitting in jail for doing basically the exact same thing.

[AZGrizFan]

They're going to solve the problem by running SS into the ground.

SS is still taking in more than it spends.

And merely raising the earnings limit would keep it solvent for centuries

You understand the concept of unfunded commitments. You're an accountant.