Comment on Keep in mind that social security is set to run out in 10 years time.

dx1@lemmy.world ⁨11⁩ ⁨months⁩ ago

Social Security doesn’t have assets, it has debt obligations, which to the government, are something you can conjure out of thin air. The only senses in which it can “run out” is if outlays exceed receipts, or if it runs out of debt instruments to cash out and has to ask for a pile of more debt instruments.

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