Talk of The Villages Florida - View Single Post - The stock market is off the rails
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Old 12-29-2020, 10:56 AM
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Originally Posted by biker1 View Post
Not really. The SS trust fund is about $2.9B (funds collected in excess of benefits paid plus earnings) and the national debt is about $23B. That is about 12%.
"the national debt is about $23B."

Ignoring the mistake of using billion instead of trillion, you may want to do a little research on the actual amount. Just in the last 4 years, it went from about $19.9 TRILLION to almost $27 TRILLION. I won't touch on the obvious, but it didn't happen accidentally or in a vacuum.

The National Debt Is Now More than $27 Trillion. What Does That Mean?