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Old 02-08-2005, 03:03 AM   #2587
Tyrone Slothrop
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Quote:
Originally posted by Skeks in the city
This is a foolish discussion. Both parties plan to workers under 40 or 50. The Dems plan to do it by maintaining promised benefits until taxes are required to rise to a confiscatory level and workers react by forcing cuts in benefits until aggregate spending and taxes are managable. The Republicans will do it by promising less benefits but racking up federal debt until debt service and other government spending require a confiscatory level of taxes and workers react by forcing cuts in benefits until aggregate spending and taxes are managable.

Basically, both parties are planning to fuck the under 40 or 50 crowd by running up huge federal debt. The big difference is that the Dems want to downplay the debt by not counting promised benefits toward the federal debt, while republicans want to play it up by issuing federal debt so that promised benefits do count toward the federal debt.

What's really rich is the way the retirees and baby boomers complain that politicians spent the social security and medicare trust funds, these people directed the politicians to spend the trust funds so they could have lower income taxes, higher defense spending, pork barrel legislation, and every other fucking thing. These people wanted the so called trust fund money spent. And now they complain.
Your cynicism is wonderfully fresh, except that it ignores what Democrats actually did when Clinton was President. But sure, a pox on both houses, and the people too.

eta: Haven't you been on that moniker for a while? Isn't it time for 'skeksie and seventeen' or something?
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