tag:blogger.com,1999:blog-3043555805573292758.post1123407052745734374..comments2023-07-04T11:07:43.021-05:00Comments on Weekly Political Review: CBO: Social Security Surplus? What Social Security Surplus?NDGC_DXhttp://www.blogger.com/profile/00150003480831813854noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3043555805573292758.post-91175439882677507842011-08-05T00:25:03.026-05:002011-08-05T00:25:03.026-05:00"about 2.5 trillion dollars (collected by 200..."about 2.5 trillion dollars (collected by 2009 13.6, spent 11.1). Where did this money go?"<br /><br />The money was spent! (borrowed by congress to pay for other things like wars, medicaid, etc) Do you seriously believe the 2.5 trillion is in a trust fund? All that is sitting in a trust fund is 2.5 trillion of IOUs (govt bonds). A govt bond is simply a promise of future taxpayer Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3043555805573292758.post-85352527282211002772011-07-30T00:31:49.468-05:002011-07-30T00:31:49.468-05:00This would never have happened if people were allo...This would never have happened if people were allowed to opt out and the money employers and employees set aside of their wages, 15% were put into a 401k that the government couldn't touch. Let's quit pointing fingers and just solve the problem!DAN CLEMENTShttps://www.blogger.com/profile/07754523180204740154noreply@blogger.comtag:blogger.com,1999:blog-3043555805573292758.post-67524308901628471162011-07-27T09:26:20.698-05:002011-07-27T09:26:20.698-05:00This is more a question than a comment. Isn't...This is more a question than a comment. Isn't it the case that the reason that the General Fund owe's interest to Social Security is because money that was paid into Social Security, specifically for it's use, was borrowed to fund other programs? So is it the case that Social Security is not viable, in principle, or that it has been robbed, in practice?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3043555805573292758.post-55812553023219982002011-06-07T20:25:52.738-05:002011-06-07T20:25:52.738-05:00While you stated in passing that "...the fact...While you stated in passing that "...the fact is that Social Security has had, until now at least, a surplus...", you forgot to mention the total amount - about 2.5 trillion dollars (collected by 2009 13.6, spent 11.1). Where did this money go? And in comparison to this amount 45 billion annual deficit can be - well, put in perspective. <br /><br />So, what was this spent on (by 2009) -Anonymousnoreply@blogger.com