Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (214488)	1/8/2005 11:51:03 PM
From: SilentZ	Read Replies (1) of 1573823

>But zofsilence, it is not a smart system, because it never tied your contributions to an account in your name. It's not individual investment, it's a safety net. It's income redistribution, maybe a bit of (GASP!) socialism, if you wish. That's where you're confused. It's not helping me, I make a ton of money and am not worried about my future. It's helping people who aren't as smart, aren't as driven, aren't as fortunate. >You are paying for someone else's retirement and ALL actuaries agree that the way it is structured today will lead to bankrupting the SS Trust Fund by 2042 to 2052 at the latest. Nuh uh. Not ALL actuaries. The CBO. There are plenty that say otherwise. -Z

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