How is social security in the US at risk of running out of funding, if every tax payer pays into it?

Question

How is social security in the US at risk of running out of funding, if every tax payer pays into it?

In: 1004

Answer 1

It can’t ever run out. The Treasury cannot run out of money, as they create it. However, if the Treasury creates more money than the economy grows by without clawing it back by taxation, they will cause inflation. Current tax policy penalises ordinary wage earners whilst preferencing extreme high earners and asset owners. So they aren’t taxing rich people enough, meaning if they add money to the economy via helping poor people they will cause inflation. They don’t want to piss off the rich people, so they can’t afford to help the poor people.