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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (213689)12/21/2004 2:11:14 PM
From: Road Walker  Read Replies (1) of 1578431
 
re: The key to saving SS is to get the investment returns up to 7% rather than the current levels, and to have the money growing over an extended period of 100 years. Privatization, in stages, will allow this to happen.

It is a matter of providing some necessary bridge funding now, perhaps a couple trillion, in order to avoid a $60 trillion problem down the road.


So you plan to privatize all of SS in increments? That's going to be a hell of a lot more than $2Trillion. Where are you going to get the money? Without raising taxes?

There is no $60Trillion problem (if you had your way we would create one). There is a future problem at the margin that is easily solved.

Since your "conservative" (hahaha) values are so incensed by SS, which is currently running a surplus, why are you not wringing your panties out over the Bush budget, which is currently running at a record deficit?

John
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