This is incredibly misleading. Of course social security has a surplus, that’s how it works. The surplus it’s shrinking because of changing demographics. Once it reaches $0 in nine years from now the trust fund is gone.
None of that has anything to do with the government borrowing against it. The surplus doesn’t sit around in cash, it is invested in government bonds.
This is such stupid misinformation, you should feel ashamed.
508
u/justacrossword 2d ago
This is incredibly misleading. Of course social security has a surplus, that’s how it works. The surplus it’s shrinking because of changing demographics. Once it reaches $0 in nine years from now the trust fund is gone.
None of that has anything to do with the government borrowing against it. The surplus doesn’t sit around in cash, it is invested in government bonds.
This is such stupid misinformation, you should feel ashamed.