Omg fica

[piasabird]

All taxes go into the general fund, so we should refuse to send them any more tax. The federal government is a Giant Pig that will waste 2/3rds of all funds it receives.

We could save millions if we moved Washington, DC to the Mid-West, just in travel expenses. The Capital would also be harder to attack from outside of the USA.

 

[Wreckem]

"It", SS, won't bankrupt us, but all the other federal debt may. If SS were the only federal debt, meeting SS obligations would be a cakewalk... The entirety of all SS trust funds comprises ~$3T of the total debt.

Like I offered earlier, deficits and debt have been used as a counter, a masking effect to increasing offshoring and shifting of income to the top. They also provide capitalists with a safe haven for their money, and artificially hold dollar value high, providing the same opportunity for foreign investors. A strong dollar is very good for offshoring capitalists- very good indeed.

Few people realize that SS trust obligations are lower priority than the rest of the debt. If push comes to shove, the govt will be forced to welch on SS in one fashion or another in order to pay the Chinese, the Saudis and wealthy American bondholders their due...

It'll be the perverse realization of the rightwing's "starve the beast" scenario...

SS cannot bankrupt the US. Ever. It will run red, but not anywhere near bankruptcy. Medicare on the other hand can bankrupt the US in the long run.