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


To: Nadine Carroll who wrote (130182)3/4/2001 1:02:22 AM
From: Srexley  Read Replies (1) | Respond to of 769667
 
Even if all of your arguments against privatization made since (they don't), I still can't see why you feel others should not be offered the choice. Since it scares you (I guess) don't let others have the option. Too dangerous.

Truth is they probably will do better with the privatized part than the rest of their SS.



To: Nadine Carroll who wrote (130182)3/4/2001 4:52:13 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 769667
 
And of course the privatization idea will be most popular after the market has soared, and least popular in a bear market -- just the opposite of any rational planning.
OTOH, maybe people would learn to buy when it's down and gut-wrenching fear grips them, and sell when it's up and everybody is convinced they're going to be millionaires tomorrow. Of course, if everyone does that, it won't oscillate; it will just follow the long-term economic growth curve. That would be OK too.

You know, privatization might work just fine. Except that a lot of bureaucrats in the federal government would be out of work and it would lessen the span of control of politicians.