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Howey
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« Reply #15 on: May 09, 2011, 12:21:04 pm »

But, as Howey made clear, there is a large section of this country that thinks there is no fiscal crisis, and all you have to do raise taxes on the rich and the problems will be solved.  Unfortunately, the rich don't have near that kind of dough.  Nobody does.

Once again, you're oversimplifying my response. What I said was:

Were the currently nonexistent financial problems with medicare and social security the result of them being funded with bonds or are our financial problems due to Medicare Part D, excessive tax cuts for the rich and the financing of two wars with the bonds?

See...you missed "currently". Although both are projected to be in the red sometime in the future, they're solvent now. Currently, our financial "crisis" (it really isn't) is specifically due to "Medicare Part D, excessive tax cuts for the rich and the financing of two wars with the bonds".

Why do I say that? Because without those the deficit wouldn't be anywhere near where it is today.
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