.
If you understood how the laws of SS are set up you'd understand that under current law....SS under current law....will not operate in the red you nincompoop.
Fucking lustyLaffer posting about yet another subject he knows nothing about. SS is not a business. A business can not make you give them your money.
But the biggest point you fucking ignorant ass morons seem not to understand is that SS has not added a dime to our current debt. And under current law...will never do so.
Originally Posted by WTF
Wow! Your stupidity is surpassed only by your arrogance. You expound on subjects like economics and elementary accounting as if you are educated and informed, when it's obvious to everyone you're just a fucking Cougar High dropout. You think if you yell loudly enough and intersperse your ignorant comments with insults, somebody might be snookered into believing you actually know what you're talking about.
And this is really simple. I mean, it's something even a simple-minded simpleton like you should be able to wrap your pea brain around. Or maybe it's just TOO simple.
REVENUES MINUS EXPENSES = SURPLUS OR DEFICIT.
That's a simple equation that applies whether you are a business, a nonprofit, a government agency, or a builder of Houston slum houses. If you sell ten hovels for $20k apiece after spending $25k to build each one this year, then you'll wind up IN THE RED by $50k for 2020. The fact that you had to raid your mommy's trust fund to cover that deficit doesn't mean you can lie and tell your friends you wound up "in the black". Withdrawals from reserves or mommy's trust fund do not count as current revenues.
Get it, dickhead? Now don't double down on stupid again, unless you're just trolling for trouble, in which case I will probably ignore you.
We already had a lengthy convo on SS a few years ago (regarding interest earned on the reserve funds). I find it hard to believe your grasp of the subject since then has regressed so drastically, unless you've become completely senile.