why the media BLACKOUT?
It’s too prosaic plus it’s from the doomed candidate McCotter. There’s nothing magical in his “plan”. It’s very similar to the Ryan plan. Nothing is done to reduce today’s SS deficit. Under his plan SS deficit is paid out of general funds. The money to do that is borrowed from our creditors. Other programs are cut to reduce that borrowing. Sometime in the out years, long after McCotter is retired and possibly dead, people will begin to draw from their own “personal accounts” (as personal as anything can be when controlled by the government).
Yes, I’m dismissive of his plan. It’s nothing new and fails to solve today’s problem today. Today, we are running a huge overall deficit and a smaller SS deficit. That has to be changed and soon or the Federal Reserve Notes (or as most call them “dollars”) used as payment for SS checks won’t be worth the paper they are printed on.
Nothing will solve the problem of today. Its taken decades to get us in to this mess and its going to take decades to get us out. I would hardly be dismissive of something that will cut government spending $8.3 trillion without alienating the necessary voters needed to reform.
PS. McCotter would have BURIED each and every candidate for President, Republican or Democrat,in a debate. Its a sin he was excluded by the MEDIA who pick our candidates.