View Single Post
  #20   Report Post  
Posted to rec.crafts.metalworking
Ed Huntress Ed Huntress is offline
external usenet poster
 
Posts: 12,529
Default Under 65 and expecting SS ?

On Mon, 3 Aug 2015 05:26:17 -0700 (PDT), "
wrote:

On Sunday, August 2, 2015 at 10:51:23 PM UTC-4, Ed Huntress wrote:

What "money" are you talking about? SS has ALWAYS been a "pay as you
go" program. There never was any money stored up like nuts for winter.

The "Trust fund" is an accounting device. There is not, and never was,
any actual money there.

--
Ed Huntress


But the trust fund was publicized as having money stored up in it.


I don't recall anyone ever telling me that. Anyone who followed the
extensive news coverage of the adjustments made in '83, or Greenspan's
controversial comments about it in the years since, would know better.

--
Ed Huntress