Japan loves Obama

[Final-Fan]

Kasz216 said:
No social security isn't in the green.

It was in the green however the government spent all that money and all there is left is a big "IOU" meaning we're running on what's coming in now to fund those who are living now.

There is no money in the Social Security Trust Fund.  We're living hand to mouth.

These [Trust Fund] balances are available to finance future benefit payments and other Trust Fund expenditures – but only in a bookkeeping sense.... They do not consist of real economic assets that can be drawn down in the future to fund benefits. Instead, they are claims on the Treasury that, when redeemed, will have to be financed by raising taxes, borrowing from the public, or reducing benefits or other expenditures. The existence of large Trust Fund balances, therefore, does not, by itself, have any impact on the Government’s ability to pay benefits. (from FY 2000 Budget, Analytical Perspectives, p. 337)

Just like everything else, SS was funded on the dumbass principle that "Hey our economy will constantly grow and always get better right?"

And I take it from what you've said that this "virtual" trust fund is not this way by design, but rather because it's been stripped by greedy politicians?  Then why are you blaming Social Security itself for this problem?