Quote:
Originally posted by Tyrone Slothrop
If you privatize Social Security for people who aren't receiving benefits yet, you have to find money to pay for the benefits other people are receiving right now. That makes privatization more expensive in the short run, regardless of its effects in the long run. This is why Social Security is sometimes called an intergenerational Ponzi scheme. As Sidd pointed out yesterday Social Security is currently a source of revenue for the government, not a drain on it. Conservatives opposed to it on philosophical grounds like to group it with Medicare/Medicaid to imply that all are in big trouble, which is rhetorically a little like saying that, collectively, Connecticut and Iraq are taxing the Army's resources right now.
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OMG, you are kidding me! NO FUCKING WAY. I thought it was really like an insurance system, with you know reserves and stuff like that. I am so happy you enlightened me.
Duh.
See above re: unilateral actions, unintended consequences, not actually being forced to find actual cuts in an actual budget.
