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Hank Hank is offline
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First recorded activity by BoatBanter: Jan 2014
Posts: 672
Default What a great country, eh?

On 2/2/2014 11:09 AM, wrote:
On Sun, 02 Feb 2014 09:37:52 -0500, Hank wrote:

Good point, there are far more unfunded government pensions than
private sector pensions. The biggest one is Social Security


What happened to the social security *trust fund*


FDR passed the legislation that allowed the government to spend in it
1939 and they have spent every dime of it since then.
The trust fund was just another line item on the debt since then.

*POOF* gone. Words used to have meaning.