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Reply #24: This guy understands the basic issues better than most of the economists writing about SS. [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
PoliticAverse Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-28-10 06:41 AM
Response to Reply #14
24. This guy understands the basic issues better than most of the economists writing about SS.
Since he does understand that Social Security is involved in government surpluses and deficits:

(from the middle linked article):

...
"Social Security's surpluses served to reduce the total indebtedness of the federal government below what it would otherwise have been."
...
"When 2016 comes, therefore, and we start to draw down the Social Security trust funds, what we will really be doing is adding to the overall borrowing by the federal government."

One poster here on DU put the reason for the current social security 'reform' discussion best:
"they've already raided this cookie jar -- they're fighting to not have to put the cookies back"


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