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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (211872)11/25/2004 5:45:12 AM
From: Joe NYC  Read Replies (1) of 1585051
 
John,

Or the reduction in future revenue. Or are they going to tax more and give less?

You are truly confused. Nobody is talking about cutting SS taxes. The question is about where the money should go: Building up assets, or just delaying the crush of the Pyramid scheme.

Do you not get this? They will have to pay the benefits without the offsetting revenue.

We are paying benefits for the unfounded liabilities of the past. The offsetting revenue is the revenue that FDR did not collect because he created an unfunded system. Bush wants to fix a flawed system by transitioning to a funded system.

Joe
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