Five minute video from a simple accountant using the government's own budget numbers (as you did above) proves it.
www.youtube.com/watch?v=EW5IdwltaAc
The thing about those "old white Republicans" on social security is, they paid into that system. They paid what they were required to pay with the promise that they would be taken care of in their dotage. I don't hold with condemning them because they want to shrink government spending but not lose what is, in effect, their cash investment in their future.
But in the end, there is no solution. The dollar will go to zero, we will have a year or so of anarchy, and then emerge with a currency that is - hopefully literally - worth more than the paper it's written on. And I'm doing everything I can to get ready for this.
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The budget cannot be balanced...
Date: 2013-01-12 08:40 am (UTC)www.youtube.com/watch?v=EW5IdwltaAc
The thing about those "old white Republicans" on social security is, they paid into that system. They paid what they were required to pay with the promise that they would be taken care of in their dotage. I don't hold with condemning them because they want to shrink government spending but not lose what is, in effect, their cash investment in their future.
But in the end, there is no solution. The dollar will go to zero, we will have a year or so of anarchy, and then emerge with a currency that is - hopefully literally - worth more than the paper it's written on. And I'm doing everything I can to get ready for this.