re: "Not one single dime of the current debt of the United States has come about as the result of making payments to Social Security recipients."
Changing the subject, OCU?
The U.S. has excluded itself from Generally Accepted Accounting Principles in its calculation of the debt. It does not include the present value of future obligations despite the fact that those are, nevertheless, debt and that every publicly traded company in the nation is required to report them.
Previous SS payments have been made using current inflows. That has nothing to do with the fact that there isn't nearly enough money, either in hand or projected, to meet the future obligations.
And Medicare is even worse.
Yet you say SS and Medicare payments must not be cut? You're out of your mind! They HAVE to be cut. We either do it now, in a controlled fashion, or we do it later, with less control, or we don't do it at all and let the money run out. That last approach, of course, will maximize the trauma that's on its way.
Now, changing the subject a bit: Your post is really odd. That's not ME saying that there's not enough money. It's the government itself. Are you trying to claim that the government is wrong?
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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