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View Diary: Why Aren't We Talking About EXPANDING Social Security and Medicare? (273 comments)

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  •  The 14 trillion amount is incorrect (0+ / 0-)
    And 14 Trillion from the treasury.

    That 14 trillion figure has been discredited many times already.  It severely inflated the amount of loans when the loans were short term.  E.g. if the Treasury provided one day loans and a firm borrowed 1 million dollars each day for five days while promptly repaid the loan at the end of the day, the loan counted as a $5 million dollar loan even though the firm only had a loan of 1 million outstanding at any given time.

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