I love this line:
This deficit is expected to shrink substantially for 2011 and to
return to small surpluses for years 2012-2014 due to the improving
economy.

Rightttt!

SS is now paying out more than it's taking in. The reason it will stay
solvent until 2039 is the $2.5 trillion and the interest it earns in
the imaginary lockbox.

So we're counting the interest on money we spent and will need to
borrow with interest.

Yeah, no need to worry.
:)


On Mon, Jan 31, 2011 at 3:57 PM, Judah McAuley <ju...@wiredotter.com> wrote:
>
> On Mon, Jan 31, 2011 at 12:47 PM, Jerry Barnes <critic...@gmail.com> wrote:
>>
>> "You don't seem to understand the basic problem. In two or three
>> decades, we'll be on the hook for $50 trillion plus in benefits that we
>> don't have the money for. It only gets worse from here unless we change how
>> we do things."
>>
>> You're just banging your head against the wall.
>
> Me too, but since we are at it, I'll paste the link for the umpteenth
> time. Maybe someone will read it this time.
>
> Trustees Report, Status of Social Security and Medicare programs,
> 2010: http://www.ssa.gov/oact/TRSUM/index.html
>

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