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Politics : The Trump Presidency

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To: neolib who wrote (69615)5/3/2018 12:24:18 PM
From: TimF  Read Replies (2) of 353604
 
The different treatment of money in different funds by me (I use fund X for A, fund Y for B), by government rules, by third parties etc. causes the different outcomes. Meerely moving it does not.

By analogy if I move water from one container to another I don't have more or less water because of the move. Maybe one container was sealed and another was open, and water slowly evaporates from the open container so I don't have as much, or maybe one container has chemicals that react with the water giving me some other substances rather than water as an end result, well then I've also changed the amount of water I have, but its not moving it from container to container that changes the end result its evaporation or chemical reactions.

Getting back to SS, you don't have a situation like the chemical filled container or the open vs closed container to a the same degree. But moving the money around does produce different results because SS law requires that payments be cut when the trust fund runs out if current SS tax revenue doesn't cover current payments for the year. That's not insignificant, its estimated to be a cut of a bit less than a quarter all at once.
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