Did you know that roughly one third of the National Debt (about $14 Trillion) is the money owed to the Social Security Trust Fund (about $5 Trilllion)? The fastest and probably most politically acceptable way to greatly slow the growth of the debt is straight forward. Pass as law this week to put the Social Security Trust Fund off limits - make it a real trust fund, put it a real "lock box". I think it would be very difficult for any member to vote against that one in Congress.
1. What do you mean by "off-limits"? All bonds are "off-limits".
The problem with the Trust Fund is that it's going to be more expensive to borrow the money to pay it off than it was when the Trust Fund was buying bonds.
5. Using Surpplus Social Security funds to buy Treasury Bonds
stabilizes the debt against Higher Interest rates and helps insure Employment
Reaganomics / Freedman's Trickle Down Theory uses Unemployment to curb inflation. The surplus Social Security Funds competing for Treasury Bonds help to keep interest rates low
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