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Politics : Mainstream Politics and Economics
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To: KyrosL who wrote (298)9/1/2011 10:59:14 AM
From: Bearcatbob  Read Replies (1) of 85487
 
But, like I said, this discussion is academic. There won't be much surplus in the future for the SS Trust fund to invest, even if it could.


That is a very interesting point. My wife and I took SS at 62 to make sure we could get what we could get before it gets means tested. Of course, one could take the current Bonds (full faith and credit) held by the SS Trust fund, sell them - and invest them productively. It would in effect be a wash as one kind of debt would be exchanged for another. It would however largely end the fallacy that our debt is not already 100% of GDP as the debt would then be almost all publicly held.

Bob
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