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To: DMaA who wrote (90486)9/25/2007 1:44:02 PM
From: Think4YourselfRespond to of 306849
 
You are correct. All the excess SS money IS spent. The fund is full of IOU's from the government. Since "We the People" are the government, We elected a bunch of morons and sat back while they spent everyone's safety net.

It really is our fault, each and every one of us. We have a duty to stop runaway government, not just talk about how bad it is. That may be why the Bush administration is trying so hard to strip us of our civil liberties.



To: DMaA who wrote (90486)9/25/2007 1:58:55 PM
From: Mary CluneyRead Replies (3) | Respond to of 306849
 
<<<As you readily admit, all the excess money is spent.>>>

When the US Government spends more money than it takes in, they (we) have to borrow the difference. The ss trust fund is one of the places they (we) go to borrow money. Eventually we have to repay this loan plus interest.

During the Clinton Administration (1992-2000) they managed to get the budget into surplus. The surplus was used to pay back some of the debt that we had incurred.

However, during the current Bush Adminisration, they have created the biggest budget deficit in the history of mankind (and by a wide margin).

They insist on continuing to cut taxes for the wealthiest people in our country hoping that the wealthy people would reinvest that money back into the economy.

Many Democrates feel the Bush priorities are all wrong. Hillary, for instance, feel that you have to balance the budget and do what most Americans do at home. They invest in their own health care and send their kids to college (to prepare them for better jobs). With that taken care of, they invest, if they are fortunate enough to have money left over, in businesses that are going to create more jobs.

It is a fundamental difference in philosophy and we will have an opportunity to vote on it in 2008. You can either vote Republican and continue current policies or you can vote for change.