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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (26847)1/17/2005 4:33:43 PM
From: Orcastraiter  Read Replies (1) | Respond to of 90947
 
It really does take an accountant to understand all the transfers, loans and IOU's. Kind a like Enron accounting, eh?

You must be an accountant?

Orca



To: Oeconomicus who wrote (26847)1/17/2005 4:40:27 PM
From: trouthead  Read Replies (1) | Respond to of 90947
 
I'm sure I am missing something, but if we privatize SS (which I think is a good idea) we will have to borrow more money than we would to fully fund SS because we are removing revenue that would be going to pay for future SS benefits.

Are you saying that privatization will not raise the over all debt?

Thanks,
jb


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