On Dec 20, 2008, at 7:55 PM, David B. Shemano wrote:
Joel Blau writes:
Are you less confident that social security will be paid than any
other
government obligation? Unless your point is that social security
is mere
social welfare, and hence readily dispensable, why is government
borrowing from the trust fund any less an obligatory debt?
Social security payments will be paid until the payments become
unpopular...
Is this a joke? Everyone caterwauling about the supposed "actuarial
deficit" bases their fantasy on one indisputable fact--the steady
increase in the percentage of the population receiving social
insurance payments. And someone is supposed to imagine that we
oldsters, today the most politically powerful demographic segment of
the electorate, are going to become much less politically powerful
while becoming ever more numerous absolutely and relatively? We know
precisely the date when Social Security payments will stop--the Greek
Kalends!
Shane Mage
This cosmos did none of gods or men make, but it
always was and is and shall be: an everlasting fire,
kindling in measures and going out in measures."
Herakleitos of Ephesos
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