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In reply to the discussion: Here's a soft lie that must be debunked before it gets off the ground! [View all]TrollBuster9090
(5,954 posts)Q: Why should we treat the money we owe to the Social Security Trust Fund differently than the money we owe to any other bond holder?
A1: Because WE CAN. and
A2: Because Senior Citizens have diminishing political clout, and when there's not enough food to go around, there is less political resistance to taking what remains away from the dogs that are already starving. In a nutshell...loot the SS trust fund because NOBODY WILL NOTICE. The Senior Citizens don't currently have the same political clout the did 30 years ago, when there were a lot more of them. And if you force a million or so retirees to eat cat food instead of hamburger, it's not going to have the same political ramifications. It's not going to cause inflation or raised interest rates. Not going to cause the Chinese to rip up trade agreements, or the Japanese to ban U.S. car imports. Not going to cause plutocrats in Dubai to move their bond portfolio from the U.S. treasury to the European Union...
Just do this and A) only a few people will suffer, and B) the rest won't notice. Politics is not about what's happening, it's about what's noticed.