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Pastimes : It's the Economy- Stupid -- Ignore unavailable to you. Want to Upgrade?

To: Zoltan! who wrote (16)	6/27/2000 11:44:00 AM
From: ztect	Read Replies (2) \| Respond to of 65

Zoltan........ Thank you for your contributions, but you already have a partisan George board. I'd rather this board be free of Clinton or Bush bashing plus glib dismissive comments, and really try to make an effort to understand proposed policies pertaining directly to our wallets and our stocks. In that vain, I'm a little concerned about money being taken from the social security system for an individual to privately invest as he chooses not because I don't think people should be given the right to make their own decisions, but because Social Security isn't really a "savings" system. Money a 25 year old puts in through taxes doesn't sit in a bank accruing interest. That money is immediately transferred to some one over sixty five. If too much is transferred, as the population greys, will Social Security taxes have to be raised to meet any short falls? Should any and all money placed in social security be completely and totally separated from the general funds, so the social security funds isn't just "IOU's" as it really is? Is means testing be implemented or the retirement age be raised? Should more money be subjected above the current cap of $65,000 to the Social Security tax to make this tax more equitable and less regressive? These are the types of questions, this forum is attempting to answer. Again partisanship has its own thread and place. Now please be more specific, in either why you support George W's idea, and why you don't like Gore's retirement savings plan. Thanks in advance. z