re: #424 Obdicut

No, SS is funded by the social security tax. At the current moment, the SS fund is in the black. It will go into the red in the future, for a period of time, and then go back into the black. So your statement is wrong.

I think he was thinking about standard accounting practices used in businesses which book future expenses at present day value. If SS had to balance its books in the way corporations are required by law to do, it would be in the red because the current and future revenue streams do not come close to covering future obligations.