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**geaveheadeNox** · 05-30-2012, 06:14 PM

When the government collects payroll taxes, gives the money to the "social security trust fund" and uses the money to buy treasuries, the government is no more or less indebted than it already was. So no, it wasn't a real surplus (if by surplus you mean reducing the government's debt burden) unless the government decided it wanted to default on the debts held by itself.

05-30-2012, 06:14 PM	#3
geaveheadeNox Join Date Oct 2005 Posts 663 Senior Member	When the government collects payroll taxes, gives the money to the "social security trust fund" and uses the money to buy treasuries, the government is no more or less indebted than it already was. So no, it wasn't a real surplus (if by surplus you mean reducing the government's debt burden) unless the government decided it wanted to default on the debts held by itself.
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