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Politics : Formerly About Advanced Micro Devices

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To: neolib who wrote (215105)1/16/2005 1:08:40 PM
From: Tenchusatsu  Read Replies (1) of 1573902
 
Neolib, When SS income slips into the red, the government damn well should start repaying the SS trust fund from annual taxes.

Alternatively, the government will simply convert the debt, in effect transferring the balance from one credit card to another. Which, as you can imagine, will be the politician's path of least resistance.

It's a really dumb trick in accounting. If the federal government is going to lend money to itself, it better not count that money as part of the general revenues. That's as idiotic as someone getting a cash advance on his credit card and counting it as a "bonus."

Like I said, the SS "trust fund" is a myth.

Tenchusatsu
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