Reply #22: This sort of outright falsehood... [View All]

... makes me wonder if it weren't the plan all along to not pay back the SS trust fund for loans made to the general fund.

At first, in 1983, the legislation had the appearance of hiding the true size of the deficits created (something the Reaganites desperately wanted, to make it look as if voodoo economics worked), but after Bush's 2001 launch into tax cuts + wars, I have to wonder.

It's looking more and more as if it's been the intention not to pay back the fund as it needs the resources to meet requirements.

These guys have intentionally ballooned up interest payments (have a look at what percentage interest payments, defense, black world projects, intelligence and off-budget war payments combined make up of the discretionary budget) to squeeze the rest of government. In that regimen, every payback to the SS trust fund is a deficit-funded item which becomes recycled debt, which just adds to total interest, thus compounding the problem.

Yup, it's intentional, and Greenspin is aiding and abetting.