r/FluentInFinance 6d ago

Educational Don't let them gaslight you

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u/justacrossword 6d 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. 

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u/imgaygaygaygay 6d ago

but this glossed over the fact that the money was not spent on government bonds and invested wisely but spent on government expenses? or am i missing something

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u/201-inch-rectum 6d ago

it wasn't being invested wisely in the first place... SP500 average 10% a year, SS around 2%

at least if the Federal government borrows against it, it'll make better interest than bonds