Re: The end of the "Trust Fund" myth
Eri, they've been stealing those funds from day one. Back when Social Security was first set up, the retirement age was set at 65 even thought the average life expectancy was in the low 50s. They thought that most of those who paid into the system would never live long enough to see any benefits. Is that not stealing? Unforunately for them, they didn't forsee the advancements in medicine and hygene which would greatly increased the lifespans of most Americans. It kind of threw a wrench into their machinations.