Ignorance about Social Security

Matthew Hoy
By Matthew Hoy on December 16, 2003

David Hogberg has an excellent fisking of a Des Moines Register editorial opposing any partial privatization of Social Security and painting an unduly rosy view of the trust fund's future.

The truth is that the second receipts into Social Security don't cover the payments, and they have to dip into all of those IOUs, we're going to have a huge problem. Currently that date is 2018. Not 2050something like some like to claim.

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Perfectly said: “It’s not that the statue had become unworthy of the museum. It’s that the museum had become unworthy of the statue. “ https://www.nysun.com/editorials/theodore-roosevelt-back-to-the-badlands/91960/

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