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Politics : Formerly About Advanced Micro Devices

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Mick Mørmøny

To: puborectalis who wrote (1127433)	4/2/2019 3:15:33 PM
From: RetiredNow	1 Recommendation of 1573242

You were right until you said the funds are separate from the federal general budget. While technically true, really it's only true on paper. The fact is that since the day Congress let the feds borrow from SS and Med Trust Funds, they raided the lockbox and didn't save for a rainy day. The Baby Boomer retirement is the rainy decades. But we shouldn't worry overly much. Gen X is about 10-15 million people less than the Baby Boomers. So when they all die off, the Millennials who are 20-25 million people MORE than Gen X, will have no problem catching the system back up and paying for Gen X. Then Gen Z is projected to be 10 million people more than the Millennials. So again, the demographics look good for getting this thing back into solvency in the long run. I know the numbers don't show it, but we'll see how it all turns out. Anyway, my statements would be true, if it weren't for the fact the Fed steal all the money in those Trust funds and spend it on other garbage. Too bad.

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