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Politics : American Presidential Politics and foreign affairs
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To: RMF who wrote (464)2/18/2005 12:52:15 AM
From: Peter Dierks  Read Replies (1) of 71588
 
slight changes that kept Soc. Sec. solvent for another 80 years or so.

2018 is eighty years from the changes? This does not correspond to the dates we have and the dates that are projected.

Medicaid and Medicare are the problems that are going to be umanageable in a few years

So lets fix one thine now, so we don't have two problems later.

Ancient Chinese Proverb: Best time to plant tree: Seven years ago, next best time: right now.

Think about it.

We should have fixed this earlier. Next best time to transition to a non-Ponzi scheme is right now. If you limit the portfolios to American Assets they feed back into the US economy and help us grow out of the problem. They also create predictable demographic induced cycles.

In forty years the transition may be mostly over, and they might be able to devote most of the 12.4% to retirement savings of the each individual. That would build a tidy nest egg for our grand children. Wouldn't that be a nice legacy to leave them?

Even if you assume the disabled and other beneficiaries would require nearly 20% of receipts to support, that could leave 10%. with an outrageous management commission of 10% of that, the remaining 9% could accumulate into a tidy nest egg.
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