Musicmystery -> RE: Obama says GOP will destroy Soc Sec (8/15/2010 8:33:40 AM)
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Look. Borrowing funds from one account viz a viz outside borrowing makes sense, whatever party is in power. Now, hiding that borrowing by under-reporting deficits, as both parties have long done, is flatly deceptive and poor accounting practice. Using that history to claim SS is going under is stealing. Anyone with that cash and simple safe Treasury bonds would be sitting pretty, and that's before adjusting for inflation. You, including the money employers paid on your behalf, have easily funded your SS payments by the time you get to them. The rest is bullshit.
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