Berkeley CSUA MOTD:Entry 35918
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2025/04/03 [General] UID:1000 Activity:popular
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2005/1/26 [Politics/Domestic/President/Clinton, Politics/Domestic/SocialSecurity] UID:35918 Activity:nil
1/26    Reading all of the SS threads there seems to be a real
        misunderstanding about the SS "surplus".  There is no
        "surplus" - the money has been spent.  So when it is
        said Clinton balanced the budget that is false.  So when
        government officials like to pretend they have bought
        Treasury bonds and are "receiving" interest this
        statement is absurd.  They money will have to come
        from somewhere, either taxes or the printing of more
        money.  It is equivalent to you making a loan to
        yourself and paying yourself interest.
        \_ You really have drunk the Republican kool-aide haven't you?
           \_ I have known this long before I was a conservative.
              Really, how exactly is the SS administration going to
              redeem these bonds?
              \_ Uh, how does the government pay all of its bills?
                 And you line about Clinton is simply a bad lie.
                 \_ was the budget balanced without SS receipts - yes
                    or no?
                    \_ Answer my question and I will answer yours.
                       \_ sorry I really should say Gingrich didn't
                          balance the budget.  Either way, its clear
                          by your cryptic responses  you have no idea
                       \_ I'm not any of the above posters, but the
                          answer to your question is, I believe, the
                          gov't pays its bills by taxing and by
                          borrowing, but ultimately by taxing.
                          what you are talking about;
                          this is not worth my time.
                          \_ Yes, it is obvious that you will not convince
                             me by parroting republican propaganda. Inform
                             yourself a bit about economics before embarassing
                             yourself again.
                             \_ gosh I guess that Econ BA was worthless...
                                \_ So do you believe that there is no
                                   money in the bank because it was
                                   "all spent"? If your bank told you
                                   that the money you deposited with them
                                   had already been lent out to other
                                   people and "already spent" would you
                                   just take that as an answer? Where
                                   did you get your Economics degree from,
                                   Stanford?
2025/04/03 [General] UID:1000 Activity:popular
4/3     

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