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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (10881)	2/25/2008 8:57:54 AM
From: RetiredNow	Read Replies (5) \| Respond to of 149317

I agree with you about putting SS into the general budget. All of this accounting outside the general budget is so incredibly misleading. If Social Security was tagged to individuals and the individuals were paid out of funds they saved, then sure, it would make sense to leave it outside of the general budget. But since today's workers are paying for yesterday's retirees, it is not a self-maintaining model and any decent accounting system would have the debt quantified on the books alongside the national debt and have the income accounted for as general revenues and the expense accounted for as a general expense. This country is under so many delusions it's amazing. The single biggest myth perpetrated on this country is the one where it is ok to have budget deficits year in year out, because they are small in relation to our overall GDP. That's the biggest joke in the world. A business that never makes a profit eventually can't borrow money and goes bankrupt, no matter how large their revenues. We're headed in that way fast thanks to Bush Jr and his merry pack of thieves.