No. of Recommendations: 2
The SS "trust Fund" is a sham. Or to be more polite, merely a paper transaction. It's as if you saved money by loaning it to your spouse. Or having your left pocket borrow money from your right pocket.

Well, not exactly. If your spouse promises to pay you back, and if she has earning capability into the future, then yes. That would be analogous, since Social Security promises to pay you back, and the future revenues will come from - as they have in the past - the taxes on the then working population.

The snarky "left pocket to right pocket" is the stuff of either terrible misunderstanding or deliberate lying. The monies are secured by US Government obligations, which, so far as I can tell, are considered the safest investment in the world. So safe, in fact, that people all over the world keep buying them, even with no (or even negative) interest rates. That they have to be paid back is no big surprise. At least to some.
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