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At the moment, the Social Security Administration?
10-13-2012, 10:33 PM
Post: #1
At the moment, the Social Security Administration?
a) pays out more money to retirees than it receives from payroll taxes.
b) has higher revenues than expenditures and saves the remainder in the Social Security Trust Fund.
c) is depleting its trust fund to support current retirees.
d) invests approximately 23 percent of its trust fund in the stock market with the remainder in government securities.

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10-13-2012, 10:41 PM
Post: #2
 
It's a of course.

Also of interesting note today is that the post office is losing 3.5 billion.

The government does so many things well

lp

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10-13-2012, 10:41 PM
Post: #3
 
Actually, tho the pols hate to remember this, the SS system became Congress's piggy bank, funding any and all natures of things that it was never intended to. Politicians used the SS money not to payback what the gov had assessed workers each and every payday so that citizens could count on it for their retirements (as the pols assured them), but to pay for their ridiculous earmarks and pork spending that the pols "had to have" . Had the SS account been left alone, it would be one of the largest monetary accounts in the gov. Of course, we all know that politicians never saw a successful bank account that they wouldn't empty...so the promise of the gov't to use the monies collected for the good of the citizens was simply another lie. Just another government lie.....one after another.....................a lie.......learn this or repeat it in your lifetime....
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