I guess the increased spending you were accounting for would have no inflationary pressure on prices.
So you are saying that elimination of the Social Security system is not good because it might cause inflation as people have more control of the money they earn, LOL.
The reality is there is no more total money in the economy merely as a result of eliminating Social Security. The only thing changing is who has a say on how specific dollars get allocated, whether it be government after it takes it from you in taxes, or you providing for your own retirement, when government gets out of the welfare business of Social Security.
So you are saying that elimination of the Social Security system is not good because it might cause inflation as people have more control of the money they earn, LOL.I'm saying you don't know what you are doing when you calculate these fantasy tax reductions.
The reality is there is no more total money in the economy merely as a result of eliminating Social Security. The only thing changing is who has a say on how specific dollars get allocated, whether it be government after it takes it from you in taxes, or you providing for your own retirement, when government gets out of the welfare business of Social Security.So your numbers were wrong.