wrote in message
...
On Thu, 14 Oct 2010 10:46:48 -0700, "nom=de=plume"
wrote:

Bull**** Social Security is upside down this year and Medicare has
been upside down for several years. (not close to revenue neutral) The
boomers have not really even hit the system yet in any significant
numbers. There are some in SS at the age 62 level but they don't get
to medicare until next year.

It's not upside in the sense of impacting the deficit now and is
adequately
funded until 2040 (?). It's right wing nuttiness to imagine otherwise.


Funded? You mean there are IOUs in the box, not "Funded".
This is and always has been "Pay as you go" and we now are not paying
for all of it, so we are borrowing to pay.
The trust fund is just a line item on the debt. We spent all of that
money.


So, you think we should hoard the cash? Give me a break!