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ergo sum

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ergo sum

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Re: elena_murooni post# 156173

Monday, 02/06/2006 11:48:05 AM

Monday, February 06, 2006 11:48:05 AM

Post# of 495952
But in point of fact hasn't it always been a paygo system? Has there ever been an actual cash fund? I don't think so. I think it has always only been in the form of an obligation. The moneys taken in were spent to pay the people who qualified for payments and the excess was 'loaned' to the government to pay its needs.


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