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The New DU. Reply #70: god help us ... what idiots.
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ThomasJackson
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Thu Jan-06-05 12:39 PM
Response to Reply #67 |
| 70. god help us ... what idiots. |
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nobody here seems to get it. we all bemoan the size of the defecit.... "putting our children in debt" yadda yadda.
yet nobody seems concerned that by DOING NOTHING we are going to saddle our grandchildren with 3 trillion dollars in additional debt just to redeem these bonds in the SS trust fund. AND ... after doing that, the fund is solvent only till 2040 after which benefits would have to be reduced to 75 or 80 % of what's scheduled.
the bonds in question don't mature until begining in 2018 so "the republicans won't pay them" is crap ..... unless you are predicting that they will still hold the white house and congress in 2018.
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