How bad is it for Dubya's Social Security reforms?
Even Krauthammer of the Washington Post is tossing in the towel.....
Krauthammer admits that the "crisis" if any is too far off to seem real to most people.... Says Krauthammer:
To bring the silliness full circle, the president himself has since admitted that there really is no trust fund. But his 2042 date is based on the idea that there is. We will never be able to reform the system if the chief reformer does not clearly articulate what the impending crisis is, when it is coming and why.
Still this Republican notion that the SOCIAL SECURITY LOCK BOX is really a fraud is interesting: Consider,
If the "bonds" in the lock box are really "a fake" as Republicans now tell us....because "the money ain't there" to pay for the Social Security Bonds....and it all depends on "raising taxes" in the future...?
WHAT'S TO SAY THAT THE BONDS PURCHASED BY THE PROPOSED PRIVATE ACCOUNTS WILL NOT ALSO BE FAKES!
THINK ABOUT IT....there is no difference...the bonds are the same.
Yet, inside the "Lock Box" the bonds are "NOT REAL"
..... BUT IN YOUR BUSH-BACKED PRIVATE ACCOUNTS THE SAME BONDS BECOME "MAGICALLY" REAL! Go figure....
Or am I missing something??
