John Delaney 🇺🇸

@JohnDelaney ↗

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Last Checked Oct. 24, 2020

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Fri Apr 26 13:39:23 +0000 2019

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John Delaney 🇺🇸 @JohnDelaney

2/8 The returns on these assets effect the overall solvency of social security. The lower the returns, the more pressure on the program. If this were a pension fund, the managers of the fund would invest these assets in the market to ensure higher long term returns. — PolitiTweet.org

Posted April 26, 2019 Hibernated

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John Delaney 🇺🇸 @JohnDelaney

1/8 To elaborate on my prior post. Social Security should not be privatized but we should do the right thing for the beneficiaries. Currently the Social Security Trust Fund has $2.8 Billion of assets all invested at treasury bond yields. — PolitiTweet.org

Posted April 26, 2019 Hibernated

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John Delaney 🇺🇸 @JohnDelaney

3/8 But we don't do that. We invest them at Treasury Bond rates. The data is overwhelmingly clear, if you invest in the market you earn much higher rates across the long term then if you invest in Treasury Bonds — PolitiTweet.org

Posted April 26, 2019 Hibernated