Thread: The Clinton / Bush Recession
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Old 01-25-2007, 08:34 PM   #42 (permalink)
Jefferson
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Quote:
Originally Posted by RidinHighSpeeds View Post
The problem I see is that they do not include the debt owed to federal entities in the debate. These are things such as Social Security, which were introduced by Democrat's.

Sure you can say that the War is increasing the national debt, but so are the many federal entities introduced by the Democrat's.

This is by far my most favorite article:
The Impact of Social Security on the National Debt
I believe that in order to save Social Security, we're going to HAVE to raise the retirement age to at least 70. One of the reasons it's such a huge drain to the economy is that, when it began, people were not living as long as today. It was never designed to provide for retirees for 15-30 years. The system just can't handle that.