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To: Lizzie Tudor who wrote (158875)7/30/2003 1:14:10 PM
From: Lizzie Tudor  Respond to of 164684
 
maybe Bush gets the picture

Bush said his tax cuts have positioned the U.S. economy for a pickup in growth, but played down the chances of a swift rebound in job growth.

They have been trailed by a small group of protesters, waving signs condemning the loss of jobs since the Bush administration took office in January 2001.


Growth but no jobs, what is the point? I want to hear him address this situation headon.



To: Lizzie Tudor who wrote (158875)7/30/2003 1:14:21 PM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
Let's see... take away benefits people have been paying for for years, eliminate future contributions toward the reduced benefits, and fund the new, bigger liability out of general tax revenues instead of dedicated contributions. Yeah, that should fix it. LOL.

Liz, obviously there's a problem with funding of SS over the long-term, but your half-baked scheme does nothing to remedy it, unless you consider repudiation of government obligations a solution.

BTW, Liz, if you eliminate the "tax burden" of SS, you also eliminate the current surplus it generates, requiring the government to find huge new sources of revenue to replace it. You haven't eliminated ANY tax burden - you've only shifted it to someone you hope will not be you.

PS: Hey! Speaking of repudiation, why don't we try that for the whole national debt? That sure would reduce the need to tax us to pay the huge debt service! Yahoo!



To: Lizzie Tudor who wrote (158875)7/30/2003 11:14:49 PM
From: BGR  Respond to of 164684
 
India already has a floating currency.