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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (211653)11/14/2004 1:30:36 AM
From: Joe NYC  Read Replies (1) of 1573433
 
John,

And he also said he would partially privatize Social Security, a change that would add $Trillions to the deficit.

It is hard to talk about deficit or surplus in a pyramid scheme. When a country has been caught in the middle of a pyramid scheme, there is going to be plenty of pain sooner or later, when it collapses.

A step that leads from unfunded pyramid scheme to a fully funded pension system is a sound strategy, no matter what the transition costs are.

Joe
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