You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #96: That isn't true [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
creeksneakers2 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-04-05 09:49 PM
Response to Reply #30
96. That isn't true
All SS surpluses since the program started have been invested in government bonds and the bonds have always been paid. The general fund even kicked in to help SS 7 times. Bush is the first to try to steal.


Accounting gimmick?

We've been responsibly been paying extra since 1983 to cover what will be needed for the baby boom retirement. That's real money, not an accounting gimmick. If the GOP wasn't able to borrow that money from SS they would have just borrowed it elsewhere, so we are saddling our heirs with no extra debt.

I'd say the accounting gimmick is borrowing money and then saying you won't pay it back. Bush is the "accounting gimmick."

The truth is, the GOP borrowed trillions to finance tax cuts for the rich and worthless military equipment. They will never pay any of it back unless they are forced. I'm looking forward to the public becoming more educated about what has gone on here. If not, we are doomed.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC