Word: lockboxã
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...retire, the government will have to redeem those IOUs. So wouldn’t it be wise to set aside money for this purpose now? Shouldn’t we “shore up” Social Security by putting its current surpluses in a “lockbox?? (another favorite Daschle word...
...percent of the expected shortfall, and such surpluses will not continue when Social Security starts running annual deficits in the hundreds of billions ($252 billion by 2030, $516 billion by 2070). By then, budget reports will be dripping far too much red ink for the “lockbox?? to blot...
...like to suggest a similar domestic program that is not in response to the terrorist attack but is informed by it. Fighting with its gloves off, our government is in the rare and enviable position of ignoring such polite fictions as the Social Security “lockbox?? and the desirability of running the country at a budget surplus. Now is the time, when the economy is cooling off and Americans are unusually accepting of interferences to their normal routines, to rebuild the infrastructure of this country from the ground...
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