this post was submitted on 26 Nov 2023
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A Boring Dystopia

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[–] dx1@lemmy.world 11 points 11 months ago

Social Security doesn't have assets, it has debt obligations, which to the government, are something you can conjure out of thin air. The only senses in which it can "run out" is if outlays exceed receipts, or if it runs out of debt instruments to cash out and has to ask for a pile of more debt instruments.