Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (218391)	2/10/2005 6:38:18 AM
From: Road Walker	of 1574767

re: Bankruptcy is when liabilities exceed assets. That will happen in 2042. That's a lie. Either benefits will be reduced or revenue will be increased (hopefully long before that), or a combination of both. There isn't an economist worth salt that says private account do anything to save SS. In fact they hasten the day that outflow exceeds inflows by 6 years. re: Luckily for you, your lies only impact people younger than yourself. True, Bush has told me I don't have skin in the game, because I was born in 1949 my program (I've been paying in my entire life, BTW) stays the same. So why do you think I want it changed? Especially the part about averaging wage and inflation adjustments (lowering benefits)? Could it be that I want to see a good program preserved for future generations? Could it be that I think Bush's scheme and it's associated debt will have more impact on my economic well being than lower SS benefits? John

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