The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Early CampFIRE

URL:  http://boards.fool.com/hes-playing-semantics-of-course-the-fact-that-30296875.aspx

Subject:  Re: Harry Reid is dangerously stupid. Date:  10/3/2012  8:59 AM
Author:  Colovion Number:  646695 of 794816

He's playing semantics of course. The fact that the finances of SS are set to implode like the ponzi scheme it is in the next decade or two and it will either have to be bailed out by the Treasury or a lot of lemmings who depend upon it will be up a creek without a paddle doesn't mean it has affected the deficit thus far, so technically he's correct so long as you ignore the inevitable unless drastic changes are made. Reid is like the anti-market... never look forward, always look back and make claims only on what has happened, not what is sure to happen.

Unfortunately people tend to buy into this kind of "magical thinkin