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View Diary: Take Social Security off the table (159 comments)

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  •  You're right - but technically only (1+ / 0-)
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    Roger Fox

    Remember when w sent everybody rebate checks?

    That was an economic stimulus plan that worked rather poorly, because big checks don't generate stimulus like many little ones do.

    The FICA 'rebate' was a convenient way to inject small individual sums and large aggregate sums into the economy  weekly over a period of years. Administrative costs were as close to zero as humanly possible and the benefit to the economy has been huge.

    So don't have a cow over it. It's worked.

    Am I right, or am I right? - The Singing Detective

    by Clem Yeobright on Tue Nov 13, 2012 at 05:16:32 PM PST

    [ Parent ]

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