I think that the recession of 08 and 09 and the anticipated high
unemployment (low employment) in 2010 has crippled the Fund. Nothing short of a major overhaul can turn it around at this point. The damage has been too great.
In the 2009 Trustee Report to Congress (signed by Chairman Tim Geithner) the following information was provided:
Now look at the reports released today. Total tax receipts were less than the disbursements. This was not supposed to happen until 2016. It happened last year.
Th
