May 15, 2005

A Tale of Two Trust Funds - New York Times

Tierney has it right. Congress has no fiscal discipline. For that matter, neither does the White House. At least the Republicans are trying to find a way to keep the SS Trust/Slush fund from the clutches of Congress.

We are headed for a huge financial train wreck just at the time when our economy will be eviscerated by the Chinese.

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