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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (130280)	1/3/2001 11:53:32 AM
From: TimF	Read Replies (1) \| Respond to of 1572373

What about the late '60s until 1981 or there abouts? From 1960 to 1981 the stock market produced far better then social security's current rate of return for the benificarry. As far as the rate of return from the perspective of the government, there is none. The government borrows money from itself. To say there is a real rate of return is to say that I make a profit when I shift money from my right pocket to my left. The percentage of SS that would be in the market would get its return from market returns which can be negative in the short run, but in the long run beat out any other major category of investment. (BTW they would not have to be invested in stocks, people with a more conservative bent could buy corperate or government bonds or put the money in CDs). Any money in the "trust fund" gets no real return it isn't even sitting around at 0% return, its allready spent. The payouts will have to come from future taxes. Tim