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Politics : Formerly About Advanced Micro Devices
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To: Joe NYC who wrote (173916)8/15/2003 5:28:21 PM
From: i-node  Read Replies (1) of 1575938
 
Well, third way is to have more kids who will turn into taxpayers.

A little bit of money that is allowed to grow for 40 years or 50 years will go a lot farther than a lot of money that grows for 20 years or 30 years.

If a chunk of SS is privatized so that it can grow at stock market or commercial paper rates rather than money-market rates, and it is allowed to grow for more years (40 or 50 or 60), AND the economy begins to churn which brings more money into the system, then SS can be stablized over a period of years so that some kind of equillibrium is reached.

But this requires a confluence of events that seems awfully unlikely, particularly given the political environment in which the Dems use it as a political weapon against the Republicans.

In my view.
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