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Work has far more power over us than the government does, with little pay-off


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#61 blowboatbethesda

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Posted 22 April 2017 - 06:22 PM

Labor follows capital.

 

Would that be union labor? 



#62 karlydee2

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Posted 22 April 2017 - 08:24 PM

So you are saying Bill Clinton was increasing the debt because he had a surplus for a few years,  I knew an accountant like you once.  

 

 

If it was social security surplus it is invested in Treasury Bills (by Law) and becomes intragovernmental debt -- which is about 1/3 of the total federal debt.

 

Other types of surplus revenue may be used to reduce the deficit - be used to plus-up programs or converted to treasury bills (thereby becoming debt)






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