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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Larry S. who wrote (17566)2/11/2009 12:51:41 PM
From: GST  Read Replies (1) | Respond to of 71456
 
Social Security is not a funded pension system -- it is not inherent to its design. It is a direct income transfer system. There are no "funds" invested. It takes in more money than it pays out now, and it will pay out more money than it takes in in coming years. It is designed that way. It is poorly designed.