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Does the Social Security Trust Fund Really Exist?

In a memorable scene from the classic sitcom “Sanford and Son,” a legal predicament led Fred Sanford to consider hiring a man who was peddling cut-rate attorney services. When Sanford and the man met, the conversation that ensued went something like this:
Sanford: So, you’re a lawyer? Man: That depends on who you ask. Sanford: I’m asking you. Man: If you ask me, I’m a lawyer. Sanford: Then who says you’re not a lawyer? Man: The state of California. This exchange epitomizes the situation with the Social Security Trust Fund, because the legal and practical realities sometimes clash…Read More

 

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