The facts are brutal...
Starting in 2010 Social Security started using the accumulated "Interest" of the trust fund to pay benefits.
Starting in 2021 Social Security started using the "Principle" of the trust fund to pay benefits.
In 2035 the Social Security trust fund will be depleted. Without action social security benefits will be reduced by roughly 20% and decrease every year thereafter.
These are the basic facts that for some reason the left refuses to acknowledge. The Social Security Administration has been extremely clear on what's happened, happening and going to happen for decades and yet Congress refuses to act and for some unexplainable reason many in the media refuse to acknowledge basic math.
I'm not sure why nearly everyone in the mainstream media continue to tell their decreasing audience with such absolute confidence that Social Security it's NOT going bankrupt when their own print media is saying just the opposite?
PS It's interesting to note that the original law implicitly stated that social security numbers would not be used for identification. Reminds me of 15 days to flatten the curve. Are we still really that stupid?
