>Unlike other broken clocks, this one is never right.
>
>It lumps together debt the Gov owes to itself with debt
>it owes to the public.
How can the government owe money to itself? Or, more precisely, how can the government service a loan made by itself? Can my right pocket lend money to my left pocket? Assuming the government has to make good on its SS obligations, it's got to come up with the cash somehow - by borrowing from the public, raising taxes, or cutting benefits.
Doug