06 April 2013

Gaius Publius: When do we start depleting the Social Security Trust Fund? Soon.

This post about the Social Security Trust Fund is a follow-up to this post about the bipartisan push to rollback Social Security. In that piece, I said:
For the owners of the country (and their paid national managers), the real emergency associated with Social Security isn’t the day the last dollar will leave the Trust Fund. It’s the day the first dollar will leave. That’s a whole different problem, and a whole different timeline, for them. How did I come to that conclusion? Read on.
That’s pretty straightforward. A little radical, but not complicated. Read the rest to see the logic that leads me to that conclusion. I also promised:

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