Birdwatch Note Rating
2024-12-06 18:23:31 UTC - HELPFUL
Rated by Participant: 5E39DCF6D2064F5884978FBC9EEF1086339E0224B9B9E4943722EA7E5EA81A7D
Participant Details
Original Note:
Social security will go insolvent in early 2030s if left untouched. https://www.cbsnews.com/news/social-security-benefits-cut-insolvency-kamala-harris-donald-trump/ Bush did not steal 1.4T from the fund, 708Bn was borrowed and paid back, similar to other admins. https://meetbeagle.com/resources/post/which-presidents-borrowed-from-the-social-security-fund If SS was allowed to invest in stocks as many suggest, the ROI for benefits would be much higher https://www.brookings.edu/articles/how-would-investing-in-equities-have-affected-the-social-security-trust-fund/
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