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On Jul 14, 10:57 pm, "Ed Huntress" wrote:

But that would upend the idea that Social Security is *secure*. Investment
in business is always a risk. Philosophically, I'm not in favor of adding
risk to the system. When you're ready to retire, it's too late to be
rolling
dice. To the degree that the government is involved with the real economy,
my feeling is that their primary job is to encourage growth.

--
Ed Huntress


Mutual fund managers believe there is also a risk of not being
invested. That is the risk Social Security is now taking. It is not
invested and it is not providing any return. A diversified investment
is safer than one that is not diversified.


Dan


Reply:
The excess SS money is a cash cow for the Federal government, hiding even
higher deficits. My suggestion, is any SS / Medicare surplus be used to buy
down the national debt. Any buy down lowers the debt limit by that much and
the government can not spend the money as part of the general fund.