04-24-2012, 11:55 AM
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Saratoga
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Join Date: Mar 2007
Posts: 19,801
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Quote:
Originally Posted by GenuineRisk
1983: "We have to raise Social Security rates so we can give the rich a tax cut. Trust us; it'll raise revenue. If it doesn't, we'll TOTALLY pay it back. It's a loan."
(Insert 30 years of surpluses, which were loaned to General Funds to cover the lack of revenue raised by cutting taxes on the rich)
Today: "What? Cutting taxes didn't raise revenues? Well, tough luck. Paying back loans is for suckers. Or the middle class. Same thing. Now we're going to tell you all how Social Security is going insolvent so we can privatize it and take the rest. You fell for it in 1983; you'll fall for it again. Sigh. It's good to be the aristocracy."
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Game Over
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