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Quote: The problem of course is there's no "there" there. Any funds collected today by payroll taxes, and not used for today's benefits, are lent to the genera
by jbooth 16y ago
Quote: The problem of course is there's no "there" there. Any funds collected today by payroll taxes, and not used for today's benefits, are lent to the general fund and spent. There are no funds being saved for next year's benefits, much less the current tax payers.
You used the word "lent". Note that that is different from the word "given with no expectation of repayment". Care to revise your second sentence in light of your first?