Last year, Social Security ran a deficit.

The Center for American Progress (CAP) says Social Security is not in trouble.

Social Security has built up two trust funds and invested them in government bonds since 1983, which will allow it to cover the forecasted shortfalls through 2037.

These geniuses believe that the government will pay back the debt that it owes itself.

Think about that. The government has been using the Social Security surpluses for years, and still they ran deficits. Now it is time to pay the piper. Social Security not only has dried up as a source of revenue, but now that agency needs its money back. A double whammy to the government outside the Social Security Administration. Delusional progressives are still holding to the story that there’s plenty of money.

So the CAP may be right that Social Security is solvent, but that won’t be of much benefit since the rest of the government will collapse under the weight of unsustainable debt.

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