PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Zeev Hed who wrote (42767)	10/4/2000 10:24:26 PM
From: DMaA	Read Replies (1) of 769667

SS overflow should be invested in treasuries or inflation adjusted treasuries. See this argument just blows me away. You aren't describing an investment, it's a bookkeeping trick. You take a dollar out of the private sector, waste the dollar, then put a mark in a big book promising to tax future tax payers 2 dollars, ( or if inflation runs away, 5 dollars ). Seems wiser to me to keep the dollar in the private sector, let it help grow the economy. That way, when the SS promises come due there'll be a bigger pie to dish out instead of burdening the next generation with higher taxes.

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