In response to:

More Evidence the Government is Running a Giant Ponzi Scheme

true liberal Wrote: Dec 01, 2012 7:39 AM
Government will use any means available and within political limits to extract money from the people to benefit the politicians themselves. Social Security is a lovely fairy tale. It works so wonderfully where everyone pays in and reaps during their retirement years. No one told them that the politicians got to spend it as their personal slush fund to buy more votes and reward their supporters.
FlamingLiberalMultiCulturalist Wrote: Dec 01, 2012 9:19 AM
I do not know if your "true liberal" screen-name is sarcasm, but mine is not and I agree with you. Maybe hanging around with all these RightWing Extremists is infecting my brain, but I now *am* sensitive to the Government's tendency to waste money.

I do not claim that everything ever done with excess SS revenues is waste, but we are certainly way too much in debt and we are certainly bellyaching to high heaven about having to start to pay back what we owe SS to pay current beneficiaries. (Imagine if your bank behaved that way when you withdrew money!!)

If we ever get out of this, we should just give back to the people any excess SS collections. Just rebate it the next year.
wtmoore1 Wrote: Dec 01, 2012 10:42 AM
Are you guys being serious????

Remember, in the 2000 election we had a choice regarding what to do with our surplus funds--George Bush ran on the idea that the government should "give it back to the people," and he did so by enacting the Bush tax cuts. Gore proposed using the surplus to pay back the Social Security and Medicare trust funds that had been raided for the previous 20 years.

Republicans made their choice, and that choice didn't show their predilection toward being so concerned about the national debt until it was the Democrats spending the money.
FlamingLiberalMultiCulturalist Wrote: Dec 01, 2012 2:31 PM
I didn't know that about Gore. I think we should pay back money we owe rival Govts (like China) first, but I admire Gore's plan compared to "It's the people's money, give it back!"

And yes, it is amusing how the state of GOP fiscal wisdom went from "Deficits don't matter!" under Bush to "The sky is falling!" now that a democrat is holding the bag.

The U.S. birth rate just hit a new low which has liberal media outlets like NPR pointing out that Medicare and Social Security are in trouble as a result. Why? Because the program isn't being paid for with money former workers put into the system, that's already been spent by the government, but by young people currently working.

The U.S. birth rate hit an all-time low last year, according to a report from the Pew Research Center — just 63 births per 1000 women of childbearing age.

This is a problem. Not just because...