social security fraud

dilbert firestorm's Avatar
http://alexanderhiggins.com/how-your...on-surplus-go/

article from 2015 on the social security scam

A lot of people speak of those IOUs as if they can be pulled out and exchanged for money to pay benefit checks. They can’t. As the Clinton administration budget of 2000 explained, the securities in the Trust Fund ‘do not consist of real economic assets that can be drawn down in the future to fund benefits. Those special-issue bonds can only be redeemed by raising taxes, cutting spending elsewhere, or borrowing — exactly what the government would have to do if the Trust Fund didn’t exist. The Trust Fund, said the Clinton budget message, ‘does not, by itself, have any impact on the Government’s ability to pay benefits.
Yssup Rider's Avatar
SPAM
dilbert firestorm's Avatar
my spam is prettier than your spam! so there!
SPAM Originally Posted by Yssup Rider
BILL CLINTON IS A RAPIST!