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Response to eniwetok (Reply #22)

Mon Mar 28, 2016, 02:30 PM

33. Nope. They're tied to market rates

Congress could set a floor if it wanted... and otherwise let the rate float.

They could make a new law... but it wouldn't change the error in your OP. You continue to miss the fact that there are not trillions of dollars sitting in an investment portfolio earning interest. All of the money that came in for SS was spent and replaced with IOUs. Paying above-market rates on those IOUs isn't an actual rate of return on an asset... it's just the government agreeing to shift more debt from one account to another.

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eniwetok Mar 2016 OP
TrueDemVA Mar 2016 #1
eniwetok Mar 2016 #4
OnlinePoker Mar 2016 #6
eniwetok Mar 2016 #11
eniwetok Mar 2016 #54
OnlinePoker Mar 2016 #57
Recursion Mar 2016 #38
1939 Mar 2016 #48
jeff47 Mar 2016 #2
eniwetok Mar 2016 #12
Major Nikon Mar 2016 #14
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eniwetok Mar 2016 #42
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eniwetok Mar 2016 #43
LineLineLineLineLineReply Nope. They're tied to market rates
FBaggins Mar 2016 #33
eniwetok Mar 2016 #21
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eniwetok Mar 2016 #44
Wounded Bear Mar 2016 #16
eniwetok Mar 2016 #20
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Hoyt Mar 2016 #29
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strategery blunder Mar 2016 #47
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eniwetok Mar 2016 #36
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