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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: XBrit who wrote (15175)11/8/2004 8:22:47 PM
From: KyrosL  Read Replies (2) of 116555
 
Although I am no Bush supporter, his program does not scare me.

Privatization of SS, if done right, is a great idea. There is no need for individually managed accounts and lots of wall street fees. The money can be invested by autopilot in a broad market index. And taking the SS contributions out of the government's grasp is a great way to save SS for our children and grandchildren.

The tax cuts will be made permanent, but that does not prevent a future administration from increasing taxes. Tax increases have been the hallmark of government throughout history.

Finally, tort reform is long overdue. It is the single biggest structural problem in the American economy.
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