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  • It was money.is right, but the money was spent on something other than SS so spending it means it now becomes a debt to the fund, i.e. that money is no longer there, i.e. there is no trust. and this:Suppose they hadn't bothered with all of this, and instead of talking about trust funds, Greenspan had just said We are going to raise payroll taxes to offset government spending.is in essence what ha
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