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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (10171)	9/24/2001 10:38:29 PM
From: RealMuLan	Respond to of 74559

I think that "1.8T" surplus does not consider the ripple effect of WTC (which will be huge although now it is still hard to comprehend), and it does not consider the fact that a large number of baby boomers will be starting to withdraw from Social Security (2010 will be the 1st year for a large number of baby boomers become age 65), and tighter immigration (if this newly emerged anti-immigration trend materialized) and thus less people contribute to the Social Security. My wild guess? by 2011, 100% of budget surplus will be wiped out, and we will be lucky if there is no deficit. Well, only time can tell.