Toro
Diamond Member
Your brain isn't working !
Your brain isn't working !
Are you disputing the 2033 cave in date ?
As is, 75% of promised benefits will be paid in 2033.
Only if the assumptions at that point hold up.
What that is based on (as I understand it) is that is the direct flow through of money...what gets collected in January.....gets paid out in February.
The 75% is based on a health economy.
We take a hit like we did in 2008 and that could drop significantly.
It works the other way too. Strong growth will push it out.
We have been growing below trend because of the collapse in the Housing Bubble. That will right itself.