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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (212547)12/4/2004 2:02:02 PM
From: i-node  Read Replies (2) of 1573145
 
>> But the point is that SS is self sustaining if the adjustment is based on inflation not wages.

You don't know what you're talking about.

>> I thought you understood that we have been in a long period of SS surplus revenue over benefits,

What YOU don't understand is that there is a small CASH surplus but the fund is technically insolvent. There is more to life than cash.

A man who has $200,000 cash today has a "surplus" by your definition, even though he has $1,000,000 due tomorrow morning at 8am.

I'm not sure why you can't understand this simple concept. I don't expect you to understand the analytical part of it, but just the concept ought not to be that difficult.
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