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Politics : Formerly About Advanced Micro Devices

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To: Amy J who wrote (212846)	12/7/2004 12:20:29 PM
From: Road Walker	Read Replies (1) of 1572372

re: But it does give my generation the ability to put a little money in our own name, because frankly, we very well know what the SS economic models say for our generation. Very well, we do indeed. If you "fix" SS, the model changes for future generations. The private accounts are not a solution, they are frankly a new and different issue. It looks like the Bush plan is to add debt to fund the transition costs. In no way would I support this. And Amy, you should back off the generational competition. If I'm not mistaken, your Gen X folks were voting when we went from a balanced budget under Clinton to the sorry state of affairs we are in now. It's as much your debt as it is mine. SS has been a fine program, and will continue to be a fine program with some adjustments. I think the privatrized account are a good objective, but the details have to be exactly right. The first detail is cost, and there is no way we can afford adding $1Trillion to $2Trillion in debt... it could literally kill any hope for your generation to experience a significant economic expansion in their lifetime. We're all in this together. John

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