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Politics : Al Gore vs George Bush: the moderate's perspective
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To: puborectalis who wrote (1369)10/5/2000 11:24:39 PM
From: Hawkmoon  Read Replies (1) of 10042
 
Stephen..

Thanks for the answer...

But let me ask you something... Federal workers have the ability to select and choose what form of investment they desire in the Thrift Savings Plan (TSP). The C fund is the S&P500, the F fund is govt and commercial bonds, and the G fund is strictly T-bills.

Now considering that the rate of interest on T-bills alone equates to 6 1/2%, would they not STILL be able to TREBLE the average rate of return they receive from mere Social Security?

Why is the govt considered to be a better "trustee" of those funds when they are only able to derive a 2% return?

Btw, where does the govt put the SS surplus?

In a cash account?
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