Thursday, January 31, 2008

Social Security's "Trust Fund"

In the 1994 film "Dumb and Dumber," the film's protagonists, Harry and Lloyd (Jeff Daniels and Jim Carrrey), embark on a journey to return a mysterious locked Samsonite to a mysterious red-haired woman. Eventually, the lock on the suitcase breaks, and our heroes discover its contents: CA$H money. When they finally return the suitcase to its original owner (not the woman), the cash has all been spent. "That's as good as money, sir," says Lloyd, as the owner watches several little scraps of paper float to the floor. "Those are IOUs."

Think about this the next time you hear about Social Security's "Trust Fund."

Special thanks to "Icek" for the analogy.

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