Hit Donald Trump On Social Security

A while back, Il Trumpe suggested that he would force U.S. debtholders to take a haircut on their debt–that is, the value of the debt–U.S. Treasury bonds–would be lowered by fiat.

Has anyone bothered to point out that the Social Security Trust Fund holds almost three trillion dollars of debt–which is to say money in the form of U.S. Treasuries (yes, the U.S. government owes money to itself. It’s complicated)? If Trump’s plan were enacted, Social SEcurity would be devastated.

Democrats who get paid money to do this stuff might want to point this out.

Or they can bitch and moan about Bernie Sanders.

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