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150
Three U.S. ex-presidents denounce the current one in a two-week stretch
You're making an emotional choice not a logical one because the figures don't lie. You cannot deny that the amount owed to the SS trust funds (by the Treasury) is declining. And since the balance is held in essentially T-bills and T-bills represent the national debt...... the only possible conclusion is that the share of the national debt held by the SS trust funds is declining. So... that portion of the national debt absolutely is declining. You should view the balance of T-bills held by the SS trust funds as a bank balance. It is after all, invested in one of the safest asset classes. When Treasury makes a benefit payment, it reduces that balance to match the benefit. If in 2010 the benefits paid was $200 but the FICA taxes were only $100, the Treasury would reduce the SS T-bills by $200, but would receive $100 from the SSA to invest in a new T-bill. That leaves a net reduction in the national debt of $100.... .but the Treasury needs to get that $100 by selling a T-bill to another investor for $100.... so the national debt goes back up $100. The interactions between SS trust fund and the Treasury in 2010 did NOT increase the national debt. This is ultra simple once you discard all the hype and misdirection, and don't get confused by the seemingly incestuous dealings between different sectors of the government. -
72
Is it actually possible for a foreigner to buy land and run a tourism business in Thailand
Seriously, please do not bring that money into Thailand and look to start that sort of business. Put your money into some fixed income safe investments and live off the investment. -
12
UK Noel Gallagher Slams Glastonbury as ‘Woke’ and ‘Virtue-Signalling’
Biggest band in the UK maybe, don't think they made much of an impact on the American scene. They appealed to all the chavs and chavettes for their obnoxious behavior. -
36
Armpit rash?
just saw this post . happy to see someone else knows about baking soda . good for many things ! A great solution for almost anytime one has case of heartburn/ stomach gas . One teaspoon in water..... within a very short time a nice burp will set you free. (not medical advice 😉) -
28
USA Lancet Study: Trump’s Foreign Aid Cuts Could Result in Millions of Preventable Deaths
So you'd believe the telegraph in the UK over Musk's Doge team that were actually physicaly going through the books? -
16
UK Police mocked for investigating a swarm of bees in Hampshire
Today's UK police get themselves involved in far sillier exercises than this.
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