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View Diary: New anti-social security ad (304 comments)

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  •  Social Security "not being there" (none)
    Young people should be afraid that SS won't be around for them, but not for the reasons the Republicans use.

    As those of us on this site know, SS will remain solvent for another 50 years even if nothing whatsoever is done, according to the non-partisan Congressional Budget Office.

    But how long do you think that surplus is going to last if this country defaults on its debts, and essentially goes bankrupt? That surplus - which, theoretically is supposed to be in a "lockbox" - will be the first thing to go.

    Likewise, if trillions of dollars are diverted away from the trustfund via "privatization," how long is that trustfund going to last?

    I said it upthread, but I'll say it again: trying to "save" Social Security by "privatizing" it is like trying to repair your leaky, collapsing roof by remodeling the kitchen.

    my weblog and my website - they're, uh, in progress, OK?

    by snookybeh on Thu Jan 13, 2005 at 09:43:57 AM PST

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