Tuesday, January 11, 2005

Social Security - the Rabbit Hole

Interesting. The U.S. may have to borrow $1 to $2 billion to cover the cost of transition to Bush's proposed Social Security plan. His spokesman characterizes these costs as savings.

1) Costs are savings.

Bush spokesman Scott McClellan says the system is going to be $10 trillion short. When?
Will it be $10 trillion short tomorrow, 10 years from now, 50 years from now?

2) Make up a scary number representing debt calculated to infinity.






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