On Tue, 29 Mar 2005 03:24:22 GMT, Joshua Halpern
So where are the funds? That's the question I asked, and you didn't answer. You dance around, trying to change the point from SS to a general bond thing. Keep your eye on the ball, and think about what happens when the "surplus" is gone; where do we get the money to redeem the bonds?
Can't you read? "And no, it had nothing to do with Bush, as he wasn't elected before this happened." I didn't say anything about Clinton, and I didn't even *HINT* that CVlinton was responsible. You really need to actually read for content, and THINK, regardless of how much it hurts. The reason was very simple, and well publicized: the DOT-COM bubble burst, and we started towards a recession. The tax revenue went up during Clinton't administration because people were paying taxes on paper profits. When the buble burst, those paper profits disappeared, and the money the taxes were paid on went Poof! Result, high tax revenue (Clinton had nothing to do with this, except to raise the tax rates) on money that didn't exist. Consequences: a teriffic few years for Clinton, a lot of bankrupt people, and, obviously, a lot of people who looked at the whole thing and missed it entirely.
Try again. -- Bill Funk Change "g" to "a"
fuel economy in car commercials 4747Lloyd Parker Lloyd, Why is when Clinton cooks the books you appear to accept it at face value, and when W does it you act like it is the end of the world...