Wow! Have a look at these GOP pics from 99/2000 RE: SS/Budget

kuozzman

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Sat Jan-08-05 07:08 PM
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Wow! Have a look at these GOP pics from 99/2000 RE: SS/Budget

This is good stuff!

http://ignorantusa.tripod.com/id12.html

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NMDemDist2

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Sat Jan-08-05 07:14 PM
Response to Original message

1. kick n/t

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DELUSIONAL

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Sat Jan-08-05 07:18 PM
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2. kick -- indeed -- will the Dems take a leaf out of the GOPigs playbook?

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kuozzman

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Sat Jan-08-05 07:28 PM
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3. kick

:kick:

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Deja Q

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Sat Jan-08-05 08:07 PM
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4. CLINTON WANTED TO INVEST SOCIAL SECURITY?!?!??!?!

Well, that's #10 on my now 'most remembered list of things that America's best modern-day republican president has done'. x(

That pic truly boils my blood though.

59 million dipshits voted for him. At least they'll get burned too. I suppose I can laugh at THAT.

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depakid

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Sat Jan-08-05 08:33 PM
Response to Reply #4

5. Actually, this may have made perfect sense if

the scenario that many saw in the late 90's played out.

"It�s interesting to ask what would have happened if the General Fund actually had been run responsibly � which is to say, if Social Security surpluses had been kept in a �lockbox�, and the General Fund had been balanced on average.

In that case, the accumulating trust fund would have been a very real contribution to the government as a whole�s ability to pay future benefits.

As long as Social Security surpluses were being invested in government bonds, they would have reduced the government�s debt to the public, and hence its interest bill.

We would, it�s true, eventually have reached a point at which there was no more debt to buy, that is, a point at which the government�s debt to the public had been more or less paid off. At that point, it would have been necessary to invest the growing trust fund in private-sector assets."

See: Paul Krugman's article in The Economist's Voice.

http://www.bepress.com/cgi/viewcontent.cgi?article=1048&context=ev

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papau

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Sat Jan-08-05 09:14 PM
Response to Reply #4

6. This would have been a great idea - no IOU's on future tax increase on

the rich - which is what we have now in the form of Government Bonds.

Indeed, All this private account/cut back Social Security is about is simply never paying off those IOU's.

If the Soc Sec Trust fund $1.5 Trillion were in a Stock Index Fund the GOP could not talk about defaulting on government bonds owned by Government Trust Funds.

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