Kimberly : This cake looks really yummy. I love to eat it right now.
Dallas: But we can not. This is the anniversary cake for next week.
Eric: We too can eat this cake right now and still save it for next week.
Amy: That would be wonderful. How can we do that?
Eric: That is easy. It is called the ... "eat your cake and have it too" trick ... that the US Congress has perfected.
Joey: I don't understand. How does the US Congress pull off this trick ... ?
Eric: Well, Social Security collects payroll taxes, but spends less on benefits than it collects ... . It deposits the surplus into a so-called Trust Fund. The Trust Fund balance is then diverted to general spending leaving behind an ... IOU note ... in the Trust Fund.
Joey: OK. How can we apply the same trick to our yummy cake now?
Eric: Easy, we can ... eat the cake right now and leave a picture of the cake for next week.
Kimberly: Then what happens next week?
Eric: Well, we just have to buy another cake then.
Amy: Are you saying that the eye owe you note in the Social Security Trust Fund is just like a picture of our cake here?
Eric: Exactly. We will have to pay more taxes to redeem the IOU note in the future.
Joey: Who is in favor of eating the cake now?
Everybody in unison: We do.
