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To: Elroy Jetson who wrote (25379)	3/11/2005 12:34:36 AM
From: Pravda	Respond to of 116555

"Then some irresponsible President spent it all on an war in Iraq under false pretenses and some income tax cuts." The claim that Bush spent the social security money is highly misleading. The money was already spent. Just look at the fiction of surpluses under Clinton. The government was still running a budget deficit in the so called surplus years, and increasing future liabilities. It was only a surplus by looking at the annual cash flow for both taxes and social security, and neglecting increasing liabilities. While the war in Iraq is expensive (and misplaced), the $200+ billion cost is a rounding error to the social security liability. Pravda