Comment: quick math...

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quick math...

Assuming we issue 100 million checks you are talking about $5 trillion. The annual Federal deficit last year including unfunded liabilities was $11 trillion. If we were to make the funds contingent on opting of social security and medicare I suspect a huge number of people would take the lump sum. This could end up being the largest cut in the Federal deficit in history. The only problem is that injecting $5 trillion into the economy directly into average peoples hands could create significant disruptive inflation. Not to mention where do the funds come from? Do we issue $5 trillion in bonds? This could make rates spiral out of control. If we have the fed monetize the debt it could cause hyperinflation.