There's trouble in America's economic paradise, for in two years from now my country has to start paying off its Social Security bonds!
What to do?
There could be a major default and not pay Social Security recipients there full Social Security! Did anybody say old people rioting in the streets.
We could raise taxes, that's not going to happen.
We could borrow the money by paying higher interest rates then are currently being paid to the Social Security trust fund.
The Federal Reserve can buy up these bonds, of cause there will be sudo economist, and a broad section of congress will have a hissy fit.
We can even do the kiss ( keep it simple stupid) thing and do away with the cap on Social Security FICA so that money keeps coming in and we don't have to pay the money that the government owes to the Social Security trust fund.
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