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Politics : PRESIDENT GEORGE W. BUSH

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To: Stan who wrote (749721)9/21/2006 12:46:01 PM
From: DuckTapeSunroof  Read Replies (2) of 769670
 
"Half of that 8 trillion includes intra-government debt, such as what is owed to Social Security or to civil pensions."

True, these are largely 'unfunded obligations'.

But they are either 'real debts' or they are NOT and the promises lies.

YOU decide which... and then tell the public.

(PS --- why would ONE unfunded government obligation... say, Social Security obligations... be any *less* a legal obligation then, say, repayment of Treasury obligations?)
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