This represents all that is wrong with conventional economists. To even think that seniors would ever be left on their own in this wealthy country after working their entire lives is unthinkably absurd. The closer we get to the day that the "trust fund" is depleted the better, because that is when the truth of US government spending will become apparent, or the people will revolt.

The entire scare tactic myth is built around the false concept that our sovereign currency issuing government must "find" money to spend, either via taxation or borrowing. None of the slow kids spouting such nonsense ever answer the question of how one collects or borrows what doesn't yet exist, because they can't.

The simple truth is that tax revenue is an oxymoron at the federal level and the spending of our federal government is the funding mechanism for both taxes and bonds, not the other way around. Collecting dollars means destroying them, not recycling them to new spending for our government. If Congress balances its budget, clawing back everything it spends, (the holy grail of most economists and politicians), it effectively steals the resources and labor it consumes from the private sector, leaving nothing behind to store value from that commerce.