How easy it is to skew the numbers. China is not our biggest debtor, even though our government fears they will call in their debt.
Social Security is our biggest debtor, starting with Lyndon Johnson’s “Great Society” program raiding the Social Security trust funds. Congress has found this is easy money. If our government had to pay back the money, with interest, the Social Security fund would never be depleted. Of course we all know they don’t intend to do this.
I don’t see any of the deficit hawks calling for a reduction in tax breaks to companies making billions of dollars in profits. The momentum is to reduce the assistance to our poorest citizens. For the cry about redistributing assets from the rich to the poor, if this would hurt our rich how come they keep getting richer?
Myron Bishop, Kennewick