Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (219638)	2/7/2003 4:20:03 PM
From: yard_man	Read Replies (1) of 436258

>>which means rates have to go WAY up; its the only way << Which drives up the cost of doing business with nothing to add to productivity or profitability. I am sure for some, this means going without coverage for catastrophes that were formerly affordable to cover ... biz.yahoo.com (coming to a big tech co at some pt, I'd bet) Just add this to pension liabilities if they decide to keep the coverage at the same level, which they probably won't -- this pushes cost down to the worker -- less to leverage their consumption with -- It's not that we can't all retire millionaires, but we can't even retire with a more modest nest egg and have the same level of benefits -- throw away those retirement calculators -- they were off by two orders of magnitude. What you need is a whole bunch more -- a few million ain't gonna be worth 10k by the time the Fed Reserve gets done destroying productive capacity.

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