Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

progressoid

(49,827 posts)
42. The government has borrowed nearly $2.7 trillion as of 2011 from the SS trust fund.
Tue Dec 18, 2012, 06:28 PM
Dec 2012

The government has borrowed nearly $2.7 trillion as of 2011 from the trust fund and used the money for other purposes. That is a bit of a problem. If they had left it alone (e.g. Gore's "lock box&quot we wouldn't have as big of a crisis.

He's already shown that very clearly... MotherPetrie Dec 2012 #1
Wondering, do you find people who dictate for everyon else what vast sets of different things "show" patrice Dec 2012 #3
Are you accusing me of being fascist? MotherPetrie Dec 2012 #6
How accurately does my description characterize your post? & I really was just wondering about your patrice Dec 2012 #8
Are you accusing me of being fascist? MotherPetrie Dec 2012 #10
I asked you a question which you are refusing to answer. Why is that? You could have SHOWN that patrice Dec 2012 #19
Are you calling me a fascist? It's a simple question. Yes or no? MotherPetrie Dec 2012 #22
I asked you if you are one. Are you? Yes or no? patrice Dec 2012 #28
You didn't ask me that, LOL. Your first response seemed to imply you were ACCUSING me of being a MotherPetrie Dec 2012 #50
You assume that we know why Obama would put chained CPI on the table, which isn't a cut, btw, it's patrice Dec 2012 #51
Wow. You really love to throw that word "fascist" around when YOU are the one ordering MotherPetrie forestpath Dec 2012 #16
Perhaps your standards for rationalism are different from mine, more willing to assume big stuff patrice Dec 2012 #24
MotherPetrie said no such thing. But you keep putting words in MP's mouth. forestpath Dec 2012 #27
Pardon me if I observe that OPINION is opinion, even if the opinionated refuses to do so. nt patrice Dec 2012 #29
That's NOT what you're doing. You keep claiming they said things they didn't say. forestpath Dec 2012 #30
Please quote what you're referring to and I will evaluate myself. patrice Dec 2012 #36
Exposing lies, telling the truth is not fascist. JDPriestly Dec 2012 #9
well said. robinlynne Dec 2012 #11
+1 forestpath Dec 2012 #18
What kind of truth? We are talking about millions of people here, so facts are most useful. & patrice Dec 2012 #26
Interesting answer. JDPriestly Dec 2012 #55
He showed it long ago. This will not turn all the Democrats against him, but plethoro Dec 2012 #45
The president has now created a new Democratic program. This is now the Obama Austerity program. fasttense Dec 2012 #64
Un-rec: If I can reduce the number of middle-wo/men in between what SS deposites in my bank acount @ patrice Dec 2012 #2
And I'll take it that anyone who disagrees with my budget priority wants SUBSIDIES for FOR-PROFIT patrice Dec 2012 #12
You are unbelievable nt abelenkpe Dec 2012 #41
And you take people who characterize vast sets of information & persons, about which they know patrice Dec 2012 #48
DURec leftstreet Dec 2012 #4
except that it is raided for it's cash Puzzledtraveller Dec 2012 #5
It's a big pot of cash Hydra Dec 2012 #7
and who is letting them stay there right this minute by permitting ANY discussion of SS? robinlynne Dec 2012 #13
Thank you. woo me with science Dec 2012 #15
The American people... bobclark86 Dec 2012 #14
how big is the pot of cash? mostlyconfused Dec 2012 #52
answers to all of your qs, and others, are at the ssa.gov website spooky3 Dec 2012 #60
Taxes collected do not cover the outlays mostlyconfused Dec 2012 #62
SSI has been running a surplus up until very recently Hydra Dec 2012 #71
Why didn't you take my advice? The answer is at the site. That suggests to me that you are not spooky3 Dec 2012 #72
Couldn't find the the info in the page, so mostlyconfused Dec 2012 #73
Go to the SSA site and look for the FAQ page on the social security trust fund, for a start. spooky3 Dec 2012 #74
k&r avaistheone1 Dec 2012 #17
K&R, again. This fact has been shown and shown and shown again, yet even here there are so many Egalitarian Thug Dec 2012 #20
just lift the cap SHRED Dec 2012 #21
Too many opinionated people around TRYING to limit the options here to EVER get consideration of patrice Dec 2012 #33
Yes, without doing anything, the fund is good to 2037. Forever after lifting the cap. mbperrin Dec 2012 #38
It's a no brainer, and for Obama to go after SS now that we've given him grahamhgreen Dec 2012 #57
it also helps stimulate the economy SHRED Dec 2012 #23
I voted against this asshole in '80 and '84 Go Vols Dec 2012 #25
SS Cuts kworkman Dec 2012 #31
NO ONE in Congress is going to stand up for any position that cuts ITS OWN support out from under patrice Dec 2012 #34
What fat salaries are on the table? mbperrin Dec 2012 #40
K&R Dustlawyer Dec 2012 #32
Rec, but it won't matter. SS and Medicare have ALWAYS been the true target. NorthCarolina Dec 2012 #35
I just tried to call the WH comments line to comment on the proposed cuts AnnieK401 Dec 2012 #37
I called my Senator (Wyden/D-OR), who MoveOn says is "waivering". 99th_Monkey Dec 2012 #39
The government has borrowed nearly $2.7 trillion as of 2011 from the SS trust fund. progressoid Dec 2012 #42
Your post is very welcome. Thank you! Purely criminal behavior to borrow this HUGE sum and then have In Truth We Trust Dec 2012 #49
Such "borrowing" with no intention to ever pay it back was begun by LBJ, expanded by Nixon, and AnotherMcIntosh Dec 2012 #56
Obviously, if we are not going to pay back one grahamhgreen Dec 2012 #66
Although you are techinically correct humbled_opinion Dec 2012 #43
K & R rustydog Dec 2012 #44
knr Coyotl Dec 2012 #46
The bastards are literally taking food out of my mouth! Stonepounder Dec 2012 #47
Someone should tell Obama Autumn Dec 2012 #53
Any cuts, at all, to Social Security and if Dems have a hand in it...means TheProgressive Dec 2012 #54
I agree decayincl Dec 2012 #58
The problem is that neither party wants to pay back the $2.7 trillion surplus which has been loaned Faryn Balyncd Dec 2012 #59
+1,000,000. This is the crux of the problem - the ultrarich unwilling to pay back what they owe SS! reformist2 Dec 2012 #65
. blkmusclmachine Dec 2012 #61
k&r avaistheone1 Dec 2012 #63
All of this on-line bickering and discussing dotymed Dec 2012 #67
I am with you on the occupy everything. I am ready nt bonniebgood Dec 2012 #68
DURec blackspade Dec 2012 #69
Here is what I understand.. Elmergantry Dec 2012 #70
Latest Discussions»General Discussion»Just for the record: Soci...»Reply #42