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View Diary: Hell, No! Social Security Contributes Nothing To Deficit (119 comments)

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  •  You are not looking very hard (14+ / 0-)

    http://www.ssa.gov/...

    The 1996 Report showed Trust Fund Depletion in 2029
    The 2004 Report showed Trust Fund Depletion in 2042

    Thirteen years into the future over eight Report years.

    The 2008 Report STILL showed Depletion in 2041

    Unsurprisingly the trendline has been down during the Great Worldwide Recession. But the 2012 Report STILL shows Trust Fund Depletion in 2033. And 2011 had it at 2036.

    Meaning that after sixteen years of total inaction the overall outlook for the Trust Fund is STILL four years in advance of what it was when the doomsayers started chiming in.

    That is your "solid trendline" started pretty much four years ago. And in response to fairly extraordinary economic numbers particularly on the employment side.

    SocSec dot.Defender at gmail.com - founder DK Social Security Defenders Group

    by Bruce Webb on Mon Apr 08, 2013 at 05:49:35 PM PDT

    [ Parent ]

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