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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (217373)2/24/2005 7:42:05 PM
From: Joe NYC  Read Replies (2) of 1571091
 
John,

I'll admit they would probably be slightly better protected than the SS contributions I've paid in my entire life (and that the administration is so enthusiastic to borrow against). Would those "private" accounts be part of the unified budget?

You are still not getting it. The money you paid over your entire lifetime is gone. It went to pay the retirees at the time.

As far as how the accounts would figure in the budget, I have no idea. My guess is that the money would not be counted in the federal budget.

Joe
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