The government, by law can only invest Social Security surplusses in US government bonds. So the government borrows from it's self and pays it's self interest. So we are forced into a cycle of deficit spending to keep the SS system afloat.
A Bernie Madoff investment fund would have been smarter.
Yet, today, America's leaders are reenacting every folly that brought these great powers [Russia, Germany, and Japan] to ruin -- from arrogance and hubris, to assertions of global hegemony, to imperial overstretch, to trumpeting new 'crusades,' to handing out war guarantees to regions and countries where Americans have never fought before. We are piling up the kind of commitments that produced the greatest disasters of the twentieth century.
— Pat Buchanan – A Republic, Not an Empire
