Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

valleyrogue

(2,820 posts)
4. Of course it isn't "going broke."
Thu Jun 11, 2026, 10:48 AM
Jun 11

The "libertarians" of the Cato Institute literally made that shit up in the early 1980s by exploiting the most pessimistic scenario of three promoted by the SS commission back then, in order to create generational warfare between the baby boomers and the older generations. It didn't work then, and it won't work now.

If it were really going "insolvent," Congress would have done something about it. Any shortfall in the "trust fund" can be made up through the general fund. They good and well know this even if the general public doesn't.

Besides, millions of the baby boom cohort have already died. An AI search shows anywhere from 14.5 percent to 17.5 percent of the original cohort have already died. The oldest members are 80, and the youngest 61-62.

Recommendations

2 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»Krugman: "America can aff...»Reply #4