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It's the first time in the history of SS that a COLA payment hasn't happened - two years in a row. Hear any warning bells?
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Do you know what your SS COLA is tied to?
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How bad does it have to get before you'll realize the program is in trouble?
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Where is that real disaster? Other than the manufactured fears some are using to attempt to privatize it? (and as a SS recipient, you should fear privatization with unabated terror, after what has happened to privatized investments on Wall Street the past 5 years).
Right now Social Security is meeting 100% of their obligations, easily, and are predicted to do so until 2037. At that point they can meet 78% of their obligations.
There's been nothing posted to disprove the SS Administrations math on that.
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How high a % in payroll deductions and how the amount of wages?
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Why are you saying this, when even you admit the payroll deductions are not actually as high as you contended to use this argument?
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And, how is the government going to repay all the money it "borrowed" from the fund?
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As that money was "borrowed" to purchase secured treasuries, unless the US
literally defaults and goes bankrupt, it's there.
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And, is there really any money in the "Suspense" fund - you know that account where all the SS payments supposedly go to for the pmts made using fictitious SS #'s
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The above is conspiracy theory about the suspense fund. You say the government is lying it exists. Okay.