May 24, 2011

People Don't Think Social Security Has To Be Cut To Balance Budget

From an Associated Press poll of 1,001 people taken from May 5-11, 2011:
Do you think it is possible for the federal government to balance its budget without cutting spending on Social Security, or do you think spending on Social Security will have to be cut?

Possible to balance budget without cutting spending on Social Security   59%
Spending on Social Security will have to be cut                                         39%
Don’t know                                                                                                  2%

8 comments:

Anonymous said...

Who cares what people think! That just points out the stupidity of the average American.

Anonymous said...

Well, don't we just love democracy.

Anonymous said...

Sounds like anon 1 dropped his bottle and spilled his milk. Maybe he needs his diaper changed, too.

Anonymous said...

"That just points out the stupidity of the average American."

Ditto

Anonymous said...

http://www.market-ticker.org/akcs-www?post=186782

Mike B. said...

What it points out is that most people aren't buying the propaganda.

Don Levit said...

SS may not be needed to be cut to balance the budget. In fact, its "surpluses" have helped reduce the deficits for years!
Now that the outgo exceeds the income (excluding interest), that Treasury bond interest is bought with cash. Or, in the case of a deficit, by increasing the debt held by the public.
Now, if benefits are not reduced or taxes raised, SS WILL add to the deficit and the debt held by the public.
Don Levit

Anonymous said...

wow, all these comments and yet we havent heard from the 100k guy in a while. very refreshing.