When they eliminated the bond, it was already obvious that the prospect of paying off the debt was evaporating before our eyes.
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The problem isn't that people don't understand how good things are. It's that they know, from personal experience, that things really aren't that good.Paul Krugman
But the vitriol also reflects the fact that many of the people at the Republican National Convention, for all their flag-waving, hate America. They want a controlled, monolithic society they fear and loathe our nation's freedom, diversity and complexity.
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The fact that we're here celebrating Social Security shows some politicians' promises are worth more than others. Social Security as it is currently constituted is very efficient. We're talking about a system that really works quite well.
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