Social Security is the source of Clinton’s “balanced” budgets. SS revenue had not been counted as revenue before that. SS was still taking in more than it disbursed. Now we don’t even maintain the fiction that SS is an untouchable fund.
True.SS revenue had not been counted as revenue before that.
I’m confident that that started in the Johnson Administration.SS was still taking in more than it disbursed. Now we don’t even maintain the fiction that SS is an untouchable fund.
The statesman who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.