It’s curious that the Republican’s new twist on the Social Security reform ignores both the long run solvency of the system and the long run solvency of the people who rely on it.
Yes, the new idea makes a tiny bit more sense than for the federal government to borrow the life savings of its citizens (that was the last great idea)! Now the idea is to give away the trust fund surplus that future generations will need. Fortunately people are really stupid and it endears them to you to abuse their trust.
Once upon a time if you wanted to be taken seriously you’d try to actually address the problem. Continue reading Just making up the losses on volume!