define('DISALLOW_FILE_EDIT', true); define('DISALLOW_FILE_MODS', true); Comments on: Social Security now running 12-month cash deficits – UPDATE – Worse than expected https://norunnyeggs.com/2010/03/social-security-now-running-12-month-cash-deficits/ The repository of one hard-boiled egg from the south suburbs of Milwaukee, Wisconsin (and the occassional guest-blogger). The ramblings within may or may not offend, shock and awe you, but they are what I (or my guest-bloggers) think. Mon, 15 Mar 2010 18:04:49 +0000 hourly 1 https://wordpress.org/?v=6.9 By: No Runny Eggs » Blog Archive » The Associated Press starts to catch up on the Social Security Crater https://norunnyeggs.com/2010/03/social-security-now-running-12-month-cash-deficits/comment-page-1/#comment-38462 Mon, 15 Mar 2010 18:04:49 +0000 https://norunnyeggs.com/?p=8308#comment-38462 […] 12-month primary (or cash, if you prefer) deficits actually began in the February 2009-January 2010 period, when Social Security ran a $114 million primary deficit. An estimation using numbers from the […]

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By: steveegg https://norunnyeggs.com/2010/03/social-security-now-running-12-month-cash-deficits/comment-page-1/#comment-38402 Tue, 23 Feb 2010 00:47:58 +0000 https://norunnyeggs.com/?p=8308#comment-38402 In reply to Bad Science.

(Let’s try that again – had a comment failure)

To be fair to the Left, that plan, as well as Paul Ryan’s Roadmap, would drain the “Trust Funds”. However, unlike the “do-nothing” plan of the Democrats that require ever-greater infusions of cash from higher taxes and/or even more deficit spending to prop up the current Ponzi scheme, they would have replaced said Ponzi scheme with a mix of privately-held funds and a floor provided by the feds.

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By: Bad Science https://norunnyeggs.com/2010/03/social-security-now-running-12-month-cash-deficits/comment-page-1/#comment-38398 Tue, 23 Feb 2010 00:33:53 +0000 https://norunnyeggs.com/?p=8308#comment-38398 Heh, I had to comment just for the anti-spam word (Curley said that a lot).
Drat, now I have to say something useful. OK, let’s try this:
Back in the last Administration, a plan was proposed to let people voluntarily pay a part of their Social Security into a fund that kind of resembles my IRA and 401K. That plan was summarily dismissed, which makes this situation even more ironic.
Well, there you go. Hopefully that worked, if not, sorry for wasting your time.

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