On Mar 2, 2013, at 9:34 PM, [email protected] wrote:
"Chuck Grimes" <[email protected]> wrote:
> The budget connection is that the Gov needs cash, from either
borrowing or
> taxes or cuts to other spending, to top up SS revenues to pay
scheduled
> benefits. SS tax income is insufficient. Max Sawicky
Why can't the SS trust fund be used to top up SS revenues?
Perhaps the SS trust fund shouldn't be completely in government bonds.
I despair. How can people on this list imagine that the US government
could ever run out of dollars and be unable to pay its legal
obligations to retirees, whether its accounted for as a trust fund, as
taxes, or as ordinary deficit spending?
Shane Mage
"Thunderbolt steers all things." Herakleitos of Ephesos, fr. 64
_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l
