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Politics : Sharks in the Septic Tank -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (6886)	2/28/2001 8:58:42 AM
From: hobo	Read Replies (1) \| Respond to of 82486

Did you realize you had a hell of a grub just now ? Anyway... I can't stay here because I my new policy is not to argue, but I found this article that I am sure some will find it material for argument: washingtonpost.com As for me... I just trade accordingly so I am not the one to argue with. Congrats on the Grub !

To: Lane3 who wrote (6886)	2/28/2001 11:29:48 AM
From: TimF	Read Replies (1) \| Respond to of 82486

Interesting article Karen. Another quote from it To predict the future is (as Twain said) always iffy. But few rich countries are anticipating it. They should be tempering the vicious circle of higher retirement spending, heavier taxes on workers and fewer children. This means gradually raising retirement ages and scaling back benefits, especially for wealthier retirees. It isn't happening. In the United States, it has (so far) been impossible to make basic changes in Social Security and Medicare. In France, Germany and Italy, the average retirement age is 59, says Hewitt. Democracies have trouble facing the future when powerful constituents in the present have so little stake in it. I do agree with this. If people are living longer they also have to work longer (or raise there own savings and investments to the point where they can have a longer retirement). I think retirement ages to get government pensions should go up in the developed countries but in many they are not or they are going up very little. Tim