Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (215552)	1/21/2005 1:16:16 PM
From: Tenchusatsu	Read Replies (1) of 1573980

JF, If you have insurance and never make a claim, are the other folks that do make claims getting a "free lunch"? Who is better off, the people who make claims or the people that don't have to? SS is more like life insurance, not auto insurance. Of course, even a life insurance policy at maturity has limits on its returns. Not SS. It's a sustainable program that needs periodic tweaks. The only thing "sustaining" it are the people paying into it. It used to be 2%, now it's 12%, and all because retirees are living longer. I suppose we could center on a new "equilibrium" once the so-called "trust fund" runs out, but who is going to support an extra 5% tax on income below $90K? Tenchusatsu

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