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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Nadine Carroll who wrote (130110)3/2/2001 8:37:24 PM
From: greenspirit  Read Replies (1) | Respond to of 769667
 
Nadine, I have answered your question twice. Perhaps I wasn't clear enough. Since social security is a part of the overal budget (as set up by Democratic politicians years ago), we should pay for the costs of any imbalances out of the general fund until it is solvent financially.

Can you answer me this one question? If you're against partially privatizing social security. How do you intend to pay for the huge elderly population coming our way.

As I've said before, one solution should be balanced against doing nothing. A train is heading our way, and we don't have the option of jumping off the track.

That's typically what happens when government sets up a socialistic system. Everything looks ok for the first thirty years or so. Then economic realities catch up to those (believed) brilliant economic planners.



To: Nadine Carroll who wrote (130110)3/2/2001 9:25:13 PM
From: Srexley  Read Replies (2) | Respond to of 769667
 
"about how Grandpa lost it all in the market"

How does he lose it all if only 2% is privatized? I either don't understand that provision or have the number wrong.



To: Nadine Carroll who wrote (130110)3/2/2001 10:01:02 PM
From: ManyMoose  Respond to of 769667
 
The State of Alaska Permanent Fund is invested and does not politicize the markets. Every resident gets paid a dividend, and we don't pay state taxes.