Replies to post #24209 on Zeev's Turnips Patch-No Politics (ZEEV)

[marvin1946]

. "If it looks as if the surplus will go higher, Congress should have "stand by legislation" that triggers sending some of the money back to tax payers, once a year."

And if it goes higher the tax man cometh. I doubt it. What does one do in this case? Inflation has been the main weapon in the past to diminish the value of debt. marv

[jrintl]

zeev- regarding yearly budget within .5 to 1%.....whadda about, though, huge accrued liabilities to come (SSI) that are currently underfunded...shouldn't gvt. stick aside money now for those commitments? sounds like you advocate a policy which would mean some tremendous increase in revenue intake by gvt., year by year, for many years (to catch up to SSI commitment to come), but only as those commitments become due...or am I misunderstanding you?

I'm assuming, too, you make an exception for cases of war...are we currently in such a case?