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View Diary: Hell, No! Social Security Contributes Nothing To Deficit (119 comments)

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  •  Ooh, you're almost there (0+ / 0-)

    You missed out the part where the debt to Social Security (a considerable part of the national debt) goes down by an amount that is necessarily exactly equal to the value of its bonds redeemed in the process you describe.

    Paying out from the SSTF makes zero difference to the national debt.  It makes a difference to who owns that debt, but zero difference to the total.

    Fake candidates nominated by the GOP for the recalls: 6 out of 7. Fake signatures on the recall petitions: 4 out of 1,860,283.

    by GeoffT on Tue Apr 09, 2013 at 06:59:41 PM PDT

    [ Parent ]

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