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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: DMaA who wrote (90256)9/24/2007 1:45:14 PM
From: Mary CluneyRead Replies (4) of 306849
 
<<<Incorrect. As long as the Treasury spends every sent that comes in, the PROMISES continue to grow but the fund does not. That being the case, why is the year 2025 relevant?>>>

For some reason, there are people that want to put out false information to advance some economic nonsense about how greed and selfishness are good and Social Security is somehow bad.

The US Government sells Treasury securities to raise money to operate the government and pay off debt. These securities are not empty PROMISES. They are debt instruments backed by the US Government.

The US Government sells these securties to individuals, banks, and foreign entities. They also sell these securities to the Social Security Trust Fund.

The year 2025 is important because if we continue the Bush policy of spending money the economy will not grow sufficiently (not enough jobs produced)and the surplus in the Investment trust will stop growing (not generating a surplus)and the surplus will start to diminish.
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