* Doug Pensinger ([EMAIL PROTECTED]) wrote:
> More from DeLong:
> 
> My view: Why wait? Expel Wayne Allard from the Senate immediately for this 
> gross violation of his oath of office.

This is some of the silliness that decreases the value of Brad's web
site (normally about half of what he writes is economics, and half is
partisan "shrillness"). He is worth reading for the economic half, but
it is best to ignore the other stuff.

Brad knows very well that very few people are suggesting that the
government will default on the SS trust fund debt. That is a legal
question. The real issue is the economic significance of the trust fund.
Brad knows very well that the government has not been a net saver since
the trust fund was started, and so the economic significance of the
trust fund is very much less than if an individual had actually saved
the same money.



--
Erik Reuter   http://www.erikreuter.net/
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