They are going to do it behind closed doors, in the dark of night, leaving no trace that could lead to personal responsibility. The deed will be done by the SuperCongress. Democrats and Republicans conspire behind closed doors to slap us again, this time directly in the wallets of our old and sick, which includes all of us eventually. And you know exactly why you lose.
You are not represented in the halls of government. Only rich people and their corporations and their lobbyists and their flacks, and their court jester economists, and their astroturf groups and their talk radio liars and their media companies and their think tanks and their foundations are represented in government. And those people are not going to pay taxes, even if it means your in-laws move in with you and your kids move home and no one has a job and your savings are eroded because they keep interest rates even lower than inflation, and your income is stagnant if you are lucky ducky enough to have a job, and your local food bank is running out of money and food, and you can’t contribute to charity to help others.
It will require increased taxes to pay off the Social Security Trust Fund, and rich people aren’t going to pay taxes. They don’t care about you, or your family or your friends. They are selfish by nature and they have a message for you: they will pay taxes over your dead body.
And those bonds in the Social Security Trust Fund? S&P can rate them as pending default.