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Coronavirus could push Social Security to insolvency before 2030

Individual said:
Yes, that's my opinion.

As I said it subsidizes poor choices.
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I am fine with that. We subsidize healthcare every day for people that make poor choices.


This is no different
 
vegas giants said:
Yrs it would. The federal government borrows billions from the SS trust fund every year
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Intragovernmental debt simply becomes Public debt more quickly. The money doesn't exist to borrow once it has been spent, it's simply a matter of who is responsible for its repayment, you or your children.
 
Individual said:
Intragovernmental debt simply becomes Public debt more quickly. The money doesn't exist to borrow once it has been spent, it's simply a matter of who is responsible for its repayment, you or your children.
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If the money can not be borrowed the current budget can not be maintained resulting in massive cuts
 
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