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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (218867)	2/11/2005 8:52:14 PM
From: RetiredNow	of 1575981

That's not true. To fix the problem, it's easy enough to isolate the cash inflows and outflows, as well as the Trust Fund assets. Who cares if the way they account for general funds includes SS inflows? That is irrelevant for solving the problem of SS. I think everyone on this thread is demonstrating why Congress is like a blind man leading another blind man. No one can sort out the information they need to solve the problem. It silly to me, because it really is so simple. This is a straight NPV calculation. All SS has to do is calculate NPV every 5 or so years. If NPV starts to trend negative, then taxes should be raised or benefits cut. That would keep it fixed forever. And this is one version of John's suggestion. I would prefer another type of fix, where we move away from a tax and spend system to a contribute and save system with personal accounts. That also would fix it forever and has a good chance to provide better benefits for a good portion of the recipients.

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