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Social Security Trust Fund

8 statements across 4 episodes · 1 bullish · 2 bearish · 3 people on the record · first statement Nov 17, 2023 by Dean Phillips · said 22 times in 3 episodes since 2025 · across every show →

Mentions by year

brought up most by David Friedberg (22)

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2026 6 mentions in 1 episode
2025 16 mentions in 2 episodes 8 per episode

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Everything said about Social Security Trust Fund, oldest first

Nov 17, 2023 bearish
Prediction Held up
Phillips: Social Security faces ~25% benefit cuts by 2033
“Social Security, the trust fund, will face probably reductions in 25, about 25% cut levels by twenty-thirty-three, based on the current path.”
Dean Phillips Nov 17, 2023 ▶ 1:00:49 In conversation with Dean Phillips
Mar 15, 2025
Assertion Supported
Friedberg: Social Security Trust Fund owns ~8% of total US Treasuries
“But today, the Social Security Trust Fund owns only less than 10%, about eight percent of the total treasury bonds outstanding.”
David Friedberg Mar 15, 2025 ▶ 43:58 Fixing the American Dream with Andrew Schulz
Mar 15, 2025 bearish
Prediction Open · timeframe Dec 2032
Friedberg: Social Security Trust Fund will go bankrupt in 2032
“Today, the Social Security Trust Fund has 2.7 trillion dollar balance, and based on the outflows and inflows, it's going to go bankrupt in 2032.”
David Friedberg Mar 15, 2025 ▶ 42:56 Fixing the American Dream with Andrew Schulz
Mar 15, 2025
What-if
David Friedberg: Social Security would be $15T if invested in S&P 500
“If in 1971, which was the year that we went off the gold standard in the United States, if we invested the Social Security Trust Fund in the S&P, the balance of the Social Security Trust Fund today would be 15 trillion dollars.”
David Friedberg Mar 15, 2025 ▶ 42:11 Fixing the American Dream with Andrew Schulz
Mar 15, 2025 positive
Opinion
David Friedberg: US sovereign wealth and crypto funds should fund Social Security
“Every dollar that's going into the sovereign wealth fund ideas, or if they come to fruition, or in my opinion, and obviously I haven't spoken about this, but the crypto fund and all this other sort of stuff. Every dollar of that should go into the Social Secur…”
David Friedberg Mar 15, 2025 ▶ 47:41 Fixing the American Dream with Andrew Schulz
Mar 15, 2025
Assertion Supported
Friedberg: Social Security Trust Fund returns have averaged 4.8% annually
“It gets invested in one thing, US treasuries, which have averaged about 4.8% return since the beginning of the program per year.”
David Friedberg Mar 15, 2025 ▶ 41:56 Fixing the American Dream with Andrew Schulz
Mar 19, 2025 neutral
Assertion Supported
Calacanis notes Social Security holds $2.7 trillion in untradeable Treasury bonds
“Social Security has a 2.7 trillion dollar balance, which is just a, basically a treasury bond that's owed, that they can't trade out of.”
Jason Calacanis Mar 19, 2025 ▶ 50:58 The Shocking Truth About DC Spending & Corruption - Scott Bessent
Jun 13, 2026 neutral
Assertion Partly supported
Friedberg: Social Security Trust Fund holds $4 trillion exclusively in Treasuries
“The U.S. Government owes the Social Security Trust Fund four trillion dollars. That's all it is. It's a bond. They're only allowed to own treasuries.”
David Friedberg Jun 13, 2026 ▶ 44:58 Anthropic's Fable Backlash, Nationalizing AI, Inflation Heats Up & California’s Broken Elections
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