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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (207636)10/19/2004 9:54:24 PM
From: i-node  Read Replies (2) of 1574046
 
>> So how is Bush going to fund SS payments when he privatizes a major portion of SS contributions?

I'm going to answer your question with the ONLY relevant response:

$1,000 invested today at 3% will be worth $4,256 in 50 years.

$1,000 invested today at 8% will be worth $43,427 in 50 years.

If we need a little bridge financing to get there, fine with me.

If you can't see that higher paying investments are the ONLY way out of this problem, I recommend you go take an introductory course in Business Math.
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