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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (200324)9/5/2004 2:43:30 PM
From: i-node  Read Replies (1) of 1574637
 
SS is the one thing that is not in deficit.

You haven't the slightest idea what you're talking about.

SS has a "surplus" so long as you don't count its debts, the trillions it owes and is obligated to pay to current and future retirees.

SS has a "surplus" so long as you don't require it to adhere to the accounting standards we universally require of private pension funds.

If you stop taking the surplus from SS and using to cover the defict of the rest of the budget you mean?

This isn't a factor. Anytime money is borrowed from SS there are debt instruments, readily convertible to cash, substituted for those funds.

SS is not in deficit so long as you are determined to maintain your ignorance of the subject.
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