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Politics : Formerly About Advanced Micro Devices

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To: gnuman who wrote (47390)1/26/1999 10:29:00 AM
From: Jim McMannis   of 1570078
 
Gene,
OT, I'm well aware of Clintons plan. You are correct that the government has borrowed from SS... and now wants to pay back into SS with basic income tax. The government doesn't look at it as paying back anything though. Where does that end? You asked where the budget surplus will come from and will it be there. A lot of surplus is coming off the back of taxpayers who have been doing well in the market. Capital gains and dividends. Will this continue? This is where Clintons plan of investing government money into the market and driving it up comes in, guaranteeing more of a windfall for the budget surplus. All this off the backs of the "rich". Of course, once the Government satrts investing in private sector companies, it will gain more and more control of the private sector. Which is where the classic definition of Socialism comes into play. SO you actually have the people funding SS but through Corporations.

Jim
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