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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Amy J who wrote (180879)1/18/2004 6:29:35 PM
From: tejek  Read Replies (1) | Respond to of 1572159
 
Hi Tejek, One key problem this report alludes to is - how do you bump up the wealth of the middle class, as millions of overseas middle class workers come online in the next ten years?

Amy, I am not sure what you mean by "overseas middle class workers". The report was concerned only with Americans. What the report does not address is that the rich are getting richer. The middle class doesn't notice it all that much because the overall pie has gotten bigger to some degree. Meanwhile fewer and fewer of the wealthy control more of the pie.

http://story.news.yahoo.com/news?tmpl=story&u=/ap/20040116/a...

(Probably the only Bush proposal that I think I like)

As a candidate, Bush said he would shore up future funding for Social Security by giving workers the option of staying in the current retirement system or investing a portion of their Social Security taxes in individual retirement accounts.


Why do you think this is a good idea? I've seen what people do with their money during the last bubble popping. Why would this be any different?

ted