Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: Karen Lawrence who wrote (56534)	11/4/2004 10:35:19 PM
From: David Howe	Read Replies (1) of 81568

<< $2 TRILLION is going somewhere >> Correct, it's going to investments that earn more than the current rate of return that SS currently brings in. << ....to "fix" SS. >> True, even though you are being sarcastic. SS can be fixed if we invest some of the money in vehicles that offer a higher rate of return. << It's also coming from somewhere, let me guess....uh, I think SS. >> Yep, it comes from young people's social security taxes, so yes it comes from SS. Did you happen to buy a house ten years ago or anything like that? If you did, you took money out of your savings for a down payment. You bought the house (ie. invested your down payment) and if you wanted to sell your house now, you would probably get many, many times your down payment back. Very similar situation. You made a short term sacrifice (the down payment), but it paid back more than you ever thought possible. Dave

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