General Discussion
In reply to the discussion: Criticize the President? We should not even be having serious conversations about this. [View all]sabrina 1
(62,325 posts)If that is the claim, then where will those savings go? To pay off Wall St's criminal debt, and Bush's.
No savings in SS can 'bring down the deficit' unless they are planning to transfer those savings into the Fed Budget.
The SS fund is not part of the Fed Budget. It had nothing to do with the deficit.
If they want to help reduce the deficit, then raise SS benefits. That will help stimulate the economy using money already there, and costing the Fed Govt nothing. It will help to create jobs as more people spend money that is currently sitting in a fund collecting interest on Treasury Bonds.
It makes ZERO sense to say that cutting SS benefits will 'help bring down the deficit'. The only way that can happen is if those savings are transferred into the Fed Budget. And that is just plain wrong.