Sorry, but that is just not a good analysis. The reason for the government borrowing from the trust fund is to give the trust fund interest income, not to just steal it. It was designed that way.
Without this mechanism, the trust fund would lose value every year. In a way you are right though. It really just amounts to bookkeeping
Check out the link at post 44.
LOL..wow.
Hard for me to argue with that type of reasoning.
Bye the way, why is it not a good analysis? I think it's a perfect analysis.
The government has no real money and generates nothing other than what it confiscates from it's citizens.