Quote:
Originally Posted by Adder
Btw, I think an implication of this line of thinking we wer should ignor the $4+ trillion in debt that's held by the trust fund. So woo hoo! Less debt! Still higher future taxes, of course.
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I don't think this is correct, as once the SS Bonds are being paid off (ie, swapped for public debt), the shortfall goes on-balance sheet, where the accumulation of the SS Bond debt has been off-balance sheet.
