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Politics : Mainstream Politics and Economics

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To: Wharf Rat who wrote (38386)	2/3/2013 1:36:35 PM
From: i-node	7 Recommendations Read Replies (2) of 85487

Crap. Utter crap. You could deposit half that today and half tomorrow, 1/4 of that for the next 4 days, or 1/(75)(365) of that every day for the next 75 years. A clear indication that you don't understand the most basic precepts of compound interest. LOL. Discussing anything involving 9th grade or higher math with you is just pointless. >> Just remove the cap on earnings to fix SS. I find it interesting that you think the $100B/year in increased tax revenue would solve the problem, yet you don't think it matters whether the $9T is deposited today or 20 years from now (given that the earnings on $9T amount to more than $100B/year). The reason for this inconsistency on your part is you have the understanding of this issue that might be possessed by a 5th grader (although, both my kids understood more about it as 5th graders than you do).

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