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I don't think you can put this one only on Bush.  We've been using that social security surplus to finance other governement spending for the past 30 years--I think the only exception being 3 years in the late '90's, and even then I think we were just not using all of the SS surplus.

Also, you may be a little too sanguine on the impact of SS and Medicare on the economy, say 15 years from now.  At least if we don't make policy changes, which we will have too.  But some of them may have to be pretty painful, if we continue to postpone addressing this issue.

by wchurchill on Tue Apr 4th, 2006 at 05:05:50 PM EST
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You can pin some of it on Clinton, since the budget was in deficit for most of his presidency (though he, unlike Bush, was paying it down).  The last two Clinton surpluses, though, did not involve spending any of the Social Security surpluses.  The total surplus was in excess of the Social Security side.

The vast majority of debt damage has been done under Reagan and Goerge W.

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (pedobear@pennstatefootball.com) on Tue Apr 4th, 2006 at 06:45:11 PM EST
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