Presumably, though congress spent those trust fund surplusses and six times more during WW II, we can discount any causality of the proposition that congress squandered the surplusses to fund government spending gone wild. ❋ Unknown (2009)
The Germans blame this on managers, who are suspected to take the income from all of these record export surplusses for themselves, or on themselves for being too lazy, uncompetitive, not exporting enough. ❋ Unknown (2010)
After Clinton bent the curve without a single Republican vote, Alan Greenspan warned that budget surplusses were bad for business and bad for banks. ❋ Unknown (2010)
If the purchase of treasury bonds by the Social Security trust fund does in fact, lead the government to spend any surplusses, a simple fix is to give the trustees independence, and allow the trust to make other investments, at least in the form of marketable securities, rather than the special US treasury securities which some people believe have poltical risks. ❋ Unknown (2009)
You've lumped together Medicare and Social Security, and discounted not only the $1.5 Trillion currently in the SS trust, but also the additional $2 or so Trillion that's yet to go into the SS trust in the form of surplusses between now and 2018, to arrive at an unfunded liability for Social Security. ❋ Unknown (2009)
In answer to your original question, progressives consider the SS trust to hold risk free bonds, and consider the $Trillions of surplusses paid in to those bonds to be a moral obligation for the treasury to repay. ❋ Unknown (2009)
Later, Alan Greenspan warned that budget surplusses would deprive banks and corporations of their privileges to lend money to the government risk free. ❋ Unknown (2010)
Yes, because Florida is currently awash in budget surplusses, genius. ❋ Unknown (2010)
Alan Greenspan warned that budget surplusses were bad for business ❋ Unknown (2010)
Fourth, the federal government has engaged in a policy of shifting the tax burden, with FICA tax surplusses used to offset dis-savings from general revenues. ❋ Unknown (2009)
Hence the econometrics tell you Social Security surplusses increase overall spending, as if that were some sort of mathematical constant like the speed of light, when in fact, it simply reflects political choices made by specific administrations, with different adminstrations making different choices. ❋ Unknown (2009)
Did you know that the world could easily support twice its current population and still have surplusses of food? ❋ Unknown (2009)
When the cycle turns into bust, investors start to deleverage, which further intensifies the bust, creating surplusses of materials and labour resulting in falling prices. ❋ Unknown (2009)
Carefull, you talking bad about those "surplusses as far as the eye can see ..." that Bubba installed less than 8 years ago. ❋ Unknown (2009)
I've no doubt that Smetter's econometrics on the Social Security surplus are factually correct, but all it tells you is that Reagan, Bush, and Bush ran up big deficits during the period when the Social Security trust fund was running surplusses. ❋ Unknown (2009)
If it has been squandered, the logical thing to do is to cancel the tax cuts immediately, so the $2 Trillion of surplusses that the trust will generate in the next 15 years will be used to pay down publicly held debt. ❋ Unknown (2009)
We have already lost so much: Soldiers, civil rights, respect for our country, surplusses turned into huge deficiets, the middle class. ❋ Unknown (2007)
Comparing Clinton's surplusses with Bush's deficits, etc. ❋ Unknown (2006)
And how did we get all of these surplusses in the supply of gas. ❋ Unknown (2006)
