Especially if we get more ridiculous "logic" such as this criticism of a new plan by House GOP members to divert surplus Social Security revenue into bonds earmarked for individual accounts:
Democrats, however, see the proposal as not only more of the same, but worse than what has been proposed by Bush. He has called for diverting a portion of the payroll taxes that currently are used to pay the benefits of existing retirees.
"They are spending it twice," Rep. Steny Hoyer of Maryland, the No. 2 Democrat in the House, said of the GOP members' plan, which he labeled a "shell game." "They are spending it the first time on a so-called private account and then they borrow it back and they give other bonds for government spending. So they are creating two liabilities for one."
Hmm, isn't that criticism true about the current approach to Social Security?!?
After all, the government takes in excess Social Security revenue, uses it to buy government bonds, which are stashed in the Social Security "trust fund," and then takes the revenue raised by selling those bonds to the trust fund to pay for government operations.
I don't know enough about the House plan to say whether it's strikes me as a good idea or a bad one. I do know that the current approach is deceptive and needs to be reformed. It would be helpful if people like Rep. Hoyer would be willing to direct the same intensity of criticism toward this House plan as toward the current problem.