SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (397038)7/8/2008 2:03:14 PM
From: i-node  Read Replies (2) | Respond to of 1575737
 
A dollar is a dollar, it doesn't know if it's a SS dollar or not. So it's just part of the deficit

No, it isn't. Because the SS deficit isn't included in the general fund deficit, and because SS was supposed to be funded, in its entirety, from the FICA tax revenue. What has happened, of course, is that benefits have outstripped the revenue, and will continue to do so for a long time to come.

Unfortunately, this is the way of big government programs. They all do it. Medicare. IRS (via EITC). SS. DOE. HHS. Welfare, in general. And the same thing will happen when you nationalize health insurance. These programs become political footballs, the demand on the national resources becomes higher and higher without bound.



To: Road Walker who wrote (397038)7/8/2008 11:10:59 PM
From: combjelly  Read Replies (2) | Respond to of 1575737
 
"These guys would have you believe that Social Security is a worse debt because it has a surplus income stream."

Of course. It is almost like fraud.