| Yes, I think Bush will do a far superior job of managing our government. First, he is not POWER HUNGRY! Secondly, he wants a smaller, central government and bring government as close to home as possible. Thirdly, he doesn't see government as the central force in controlling and micromanaging the lives of it's citizenry. Fourthly, he trusts the people and believes they can and will do what is right. Your people feel they need to tax greatly because the people can't be trusted with the money. The liberals want giant taxes and then mete out, after all the waste, fraud and mismanagement, to the people according to their needs. The thing Bush is promoting for the younger worker is nothing short of sensational. The 8th wonder of the world is compounding of interest. That 2% invested in the private sector will work wonders. First, it will be a boost to the markets. Second, it will grow will several percentage points more income than any government 2%. More importantly, it will protect the families because the money belongs to the person and, God forbid, if something happens to them the money goes to their heirs. With Social Security if you die when you are 61 1/2 and you have no widow or your widow is younger and she dies before 62 then you nor your heirs will ever collect one thin dime from Social Security. And, there are a lot more scenarios where Social Security doesn't protect the family. If you die at 65 1/2 you collect 6 payments and it is over. With private investing all the money remains in your family. Over 40 years or so that could be an absolute fortune. Perhaps over a million dollars. I did the IRA from when it started sometime in the mid 70's until 86 when the law changed and I could no longer deduct the 2000. pre tax. It has been invested in mutual funds and stocks since. It is now worth over 300000. and I don't think I paid in 25000.. That is what growth will do for you. Government doesn't truly look out for you. They look out for themselves. Look at their retirement plans. For example, Gore will receive his full salary for the rest of his life. And, he will also get annual cost of living increases. Do you get that? No! And, that is true for Congress, etc.. They have made great provisions for themselves. And, by the way, do government employees contribute to and buy into the Social Security program? No! |
