Quote:
Originally posted by Spanky
But when the smoke clears, at the end of the fiscal year these numbers are included (unlike Social Security). So when the the GAO is computing the deficit from the prior years such numbers are computed. So when the statements are made on this fiscal years deficit (which end here pretty quick) that numbers include all expenditures (save the Social Security deficit - but as you liberals have pointed out will fix itself).
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Excuse my interruption, but what are you trying to say here?
Social Security is running at a surplus for accounting purposes (SS taxes > SS outlays). SS makes the federal deficit actually appear smaller than it really is, "when the smoke clears". The deficit numbers we see reported in the press are always the all-in number, and thus always understate the "true" current deficit.
Is your point that we should be amortizing the coming SS shortfall in our current budget numbers, to account for the swinish liberals' ignorance of the crisis? If so, wouldn't that cut against your "we're growing out of the budget deficits, despite the war costs" point?
