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Originally Posted by Clodfobble
Riddle me this, tw: If the government doesn't have the money to afford Baby Boomers surging into Social Security, how is it they're supposed to have the money to repay with interest the money they borrowed over the decades?
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OK, let's assume much of the old money is gone. SS therefore is only solvent for another 40 years. But if starting today, every new dollar put into SS gets paid interest, then plenty of money remains to fund the boomers. But if starting today, every new SS dollar bought Treasury bonds, then a major Federal Treasury cash flow problem gets exposed. Best to avoid the *repaid with interest* solution. You just asked the question they (and Lookout123) hope to avoid - because the answer is rather embarrassing and troubling.
BTW, its not just the Republicans that fear to address *repaid with interest*. This fraudulent accounting is endorsesd with winks from both sides of the aisle.