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

To: Joe NYC who wrote (181100)	1/26/2004 12:45:33 AM
From: Amy J	Read Replies (1) \| Respond to of 1572474

Jozef, RE: "Last year, employment in government surpassed employment on Wall Street, in financial sector." Egads. How can this be? RE: " Sounds like a plan to me, but the chance that the country will face up to this reality is exactly zero. Maybe when the house is really on fire..." Yes, unfortunately you're right. You'd think Congress would get a move on it and restructure this sooner rather than later. There's a small window of opportunity to transition SS into something structurally sound, before the ranks swell to the point that no transition could occur, at which point, they'll just start downsizing it. More than half of all Americans over 65 would live in poverty if it weren't for SS, so you would think it should be a top priority for Congress. RE: " As I said in my other post, I would not be opposed to this. Of course there would have to be safeguards that the government can't steal the money and spend (or redistribute) it. Joe " Agreed. I like the proposal where a portion of your SS is in your account and you cannot touch it until a certain retirement age. Regards, Amy J