What We're Missing
November 06th 12:23:20 PM
It doesn't get much clearer than this. The chart below shows the amount of money per year that would go into each worker's personal account if Congress were to stop raiding the trust fund.
Social Security trust fund surplus per worker
| |
Cash surplus |
Cash plus interest |
| 2006 |
$527 |
$1,141 |
| 2007 |
546 |
1,198 |
| 2008 |
550 |
1,246 |
| 2009 |
508 |
1,248 |
| 2010 |
481 |
1,265 |
| 2011 |
450 |
1,281 |
| 2012 |
387 |
1,263 |
| 2013 |
312 |
1,231 |
| 2014 |
225 |
1,186 |
| 2015 |
141 |
1,143 |
| 2016 |
47 |
1,089 |
| Total* |
$5,484 |
$16,648 |
* Assumes 4% interest.
Source: Social Security Administration, 2005. Printed in the Wall Street Journal.
Posted by Jeremy Tunnell
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