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Social security is not a problem, believe it or not...
Social Security is not in crisis. The explanation is way too long to go into here but, Alan Greenspan gave, in his recently published book, an honest and accurate assessment of where we are. We are fine and it is not a looming budget crisis as many candidates attested to.
Left out of last night's debate is that Social Security is NOT a budget line item. The budget borrows money from the account and doesn't return it to out-pace the debt service and administration of the program, but, it is NOTa part of the federal budget. Nobody gets a chance to vote for or veto it. The media has led everyone to believe otherwise. It's just not true that social security is in any trouble looking out 30 years and making conservative fiscal assumptions on employment and the "annuity" to be paid..
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