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Politics : The Trump Presidency

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To: koan who wrote (75513)6/4/2018 11:56:17 PM
From: Wharf Rat  Read Replies (1) of 363605
 
" I read the article and it explained exactly how Greenspan and Reagan created a crises that was not real as a way to increase social security revenue which they could then borrow to cut taxes on the rich"

The article is exactly wrong. I notice you forgot to include Tip O'Neill again.
Bipartisan Reagan-O'Neill Social Security Deal in 1983 Showed It Can ...
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"They needed the revenue"
If they didn't borrow from SSTF, they would have borrowed a lot more from the Japanese.
japan invests huge sums abroad, much of it in us treasury bonds

nytimes.com.
Mar 11, 1985 -

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"Reagan also started putting stupid taxes on social security further devaluing its worth which so many depend on!"
And just when I thought your idiocracy hit rock bottom. Taxes are on people who have sufficient income in addition to SS. Message 31599505 The money is returned to the SSTF, not the general fund.

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"Here is the article again. Look at the title."
The title is the stuff of conspiracy theories. You are so far off the deep end you'll need to go in a decompression chamber when you surface again to avoid getting the bends.
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