Well, my two cents is they’re talking of two very different things:
JL of the financing of SS and Bob of the financing of the whole federal budget.
They’re both right IMO despite their vehement disputation.
Great that someone quotes Hollings. The man was viciously attacked and ridiculed for his timely warning that “There’s too much consumin’ going on.”
Oh how the media (who profit solely from ‘consumin’’) evicerated him for that.
A prophet in his own land...
[[JL of the financing of SS and Bob of the financing of the whole federal budget.]]
Well, I’m talking about SS being tapped to fund the federal budget/general fund in part- Almost everyone acknowledges that had the money been kept in SS, not spent, and invested the way it was supposed to be, we would be fine for a couple of decades- and the baby boomers would be covered- and most agree that money was taken from SS to finance things in the general budget.
[[They’re both right IMO despite their vehement disputation.]]
Yeah well I’ve asked him to keep it civil many times in the previous thread about this issue, and it’s very clear he has no desire to do so
[[Great that someone quotes Hollings. The man was viciously attacked]]
He was nearly disemboweled- He dared say what everyone knew but was afraid to say for the reasons we’ve seen in this thread really- There are government shills who are poised and at the ready to attack anyone who might dare question the ‘great experiment’- much the way those who defend ‘man-caused’ global climate change do- By ignoring the facts, and issuing personal attacks- Many a great scientist suffered the wrath of these unethical shills- and people like Hollings ran smack dab into the very same kind of shills- Sadly people chose to ignore his warnings and revelations