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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (218059)2/26/2013 11:53:09 AM
From: Wharf Rat  Read Replies (1) | Respond to of 543651
 
"we are in "imminent fiscal crises"

No we aren't. We're just in danger of going back into a recession because of austerity.

Not raising the debt limit? That's always an imminent crisis. That'll be in a few months. Like most recent crises, it's a self-inflicted one, totally within our power to avoid.



To: Steve Lokness who wrote (218059)2/26/2013 11:55:46 AM
From: Mary Cluney  Read Replies (1) | Respond to of 543651
 
<<<SS is now part of the "imminent fiscal crises" because all the excess money has been loaned to the federal government which has spent it.>>>

Unless you are suggesting someone stole money from the social security trust fund , those that borrowed from the social security trust fund has to make sure the loans are repaid or risk criminal charges.

The notion that money in the social security trust fund has disappeared is a scare tactic used by the right wing who favor getting rid of social security altogether and privatizing social security to the benefit of a few opportunists.