se revenue collections while, at the same time, the Reagan Administration was conning the American public into believing that it countenanced only reduced federal revenue collections through tax cuts. No matter that the increased social security contributions were supposed to be for retirement trust funds, the Reagan Administration recommended, and the Congress passed a law requiring that social security trust fund surpluses to be invested in federal government securities (Grace, 1989, pp. 390 394). Thus, both the Reagan Administration and the Congress were in a position to finance the federal deficit out of social security collections, rather than cause the American taxpayer to pay for the deficit directly, or, heaven forbid, reduce spending. Regardless of what the Administrations (Reagan and Bush), the Republican Party, or their lackeys say, neither side (Republicans or Democrats, Administration or Congress) and both sides want to reduce federal spending. The Republicans and the Administrations are and were quite keen on keeping spending on national
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