Reply To: are Social Security and Medicare/Medicaid sustainable?


Thanks for the links. So as I understand it, SS is running surpluses for the time being due to favorable demographics, but that money isn’t being stored in a vault for later. It is being spent right now for other uses, with the government essentially owing taxpayers an IOU plus interest.

I knew something had to be wrong with Greenwald’s assertion. I trust him on most foreign policy matters, but economics is a different story.