Quote:
Originally Posted by Sidd Finch
You mean we can default on our debt to the SS trust fund if we reduce the trust fund's obligations?
Sweet. I'm going to call up Citibank and tell them that I'm paying less on my mortgage, since they've been cutting their expenses.
(Okay, I understand your point. Honestly, I'm just pissed off that more people haven't taken up, loudly, the fact that Reagan massively increased taxes on the working poor and middle class, pretended it didn't matter because those were payroll taxes that were going into SS, then debt-financed the government and now the day of reckoning is getting closer. That piece of shit set the tone for fiscal irresponsibility that will doom this country.)
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And, just for those here who don't always admit to understanding a point that isn't spelled out:
the point is that anyone who says we *don't* have a SS problem is being willfully blind to the general fund problem created by the debt held by SS and expected to be repaid/drawn down over the next 20 years.
Think an extra $200B/year on-budget isn't a problem? You're no better than the Rs you (rightly) condemn for being unserious on the budget.
