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On Mon, 18 Apr 2011 23:57:48 -0400, wrote:

On Mon, 18 Apr 2011 22:05:47 -0500, Boating All Out
wrote:

In article ,
says...

You and the boater guy still confuse debt with an asset.

Nope. I understand exactly how SS and debt work.
And I believe debt should be repaid.
You're a welsher, but just won't admit it.
Dance, dance, dance.
Won't turn a con job into a ballet.

It isn't just me. Anyone who understands basic arithmetic knows you
can't pay out more than you make for very long.

Except this isn't your credit card. It's a very complex equation with
complex equation with lots of accounting variables. While it's
certainly true that one can't pay out more than one makes for very
long, "long" is a relative term. We've had deficits for decades and
the national debt has been around since the revolution.. something on
that order. There is absolutely no reason to start foaming at the
mouth and claiming it's near term crisis. Perhaps it's a mid-term
crisis. We can start by increasing taxes on the richest Americans,
reigning in corporate tax avoidance, reducing military spending,
dealing with fraud/abuse. We should not be starting with putting this
on the backs of a struggling middle class.