Dr Kynes
Well-Known Member
thats not a matter or ME being right or wrong, that comes directly from the Trustees (who if anything would understate the problem)Even if you're right, and Social Security has been adding to the DEFICIT since 2010 (those figures are less than 2% of the deficit for those years) his claim about 60% of the DEBT is still ridiculous.
Not that I think you're right, but you might be.
I have not confused debt with deficit. If a thing does not add to deficit, it can not add to debt.
when taken as a whole, SS and medi-care/aid total 43% of federal expenditures and that doesnt even include everything under Health and Human Services, O-Care, or any of the other programs which could be called "entitlements"
his estimate isn't terribly outrageous, just a couple inappropriately broad "Rounding Errors" is all you need to get the numbers proposed.
when taken as a whole, since SS and Medi-care/aid DO make up more than 40% of the expenditures, and since there IS a deficit, it is not out of line to propose that SS and Medi-care/aid are responsible for at least 40% of the deficit they help to create, despite their earmarked taxes, and imaginary "trust funds" which have essentially become part of the General Fund Monies.