Nothing dire about Social Security, letter writer says

Posted: September 8, 2012 at 12:13 am

GRAND RAPIDS, MI Social Security isn't broken and it doesn't need fixing. At least not now, says letter writer Jake Terpstra.

"There is $2.5 trillion in the Social Security Trust Fund, and according to the Congressional Budget Office, the fund will continue to grow until 2017," Terpstra writes.

Also on letter writers' minds:

The importance of restaurant inspections.

Democrats, Republicans and presidential politics.

And interpreting the Second Amendment.

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Email letters of 250-words or less to grletters@mlive.com. Please include a name, address, hometown and phone number. (The address and phone number are for verification purposes only.)

Don't fall for misleading statements about Social SecuritySocial Security is fixable said an article in the Aug. 21 issue of The Grand Rapids Press. It claims that long-term problems of Social Security can be fixed, and it can be preserved, with relatively small adjustments.

This is misleading information. It implies that Social Security needs fixing now, which it does not. There is $2.5 trillion in the Social Security Trust Fund, and according to the Congressional Budget Office, the fund will continue to grow until 2017. Then it will begin to diminish, and in 2037 the fund may be depleted. At that time, adjustments will have to be made. Even then without adjustments, payments could be continued at 80 percent of the current rate.

Original post:
Nothing dire about Social Security, letter writer says

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