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

To: Tenchusatsu who wrote (181577)	1/28/2004 6:40:43 AM
From: Amy J	Respond to of 1574122

Hi Tenchusatsu, RE: "Once again, I agree. So what do you think about Bush's proposal to allow people to put part of their Social Security into securities or other investments? Critics say that it's not possible because that money is needed to directly pay off the benefits of the current seniors, and Democrats take it one step further and accuse Bush of wanting to starve seniors. Tenchusatsu " This is one proposal from Bush I like a lot. We need to get more people into investments as billions of middle-class workers come online. Wages growth < investment growth. I would say let WS come up with something creative (and I mean this in a positive way!) to handle the transition cost. Can't they float a bond - interest rates are low. Can't they create an investment vehicle of sorts to cover this short-term transition cost. It's a short-term issue, whereas the long-term would generate more because it would have the advantage of the growth that time assists. They should be able to figure this out. Currently they don't use time to grow the funds. Regards, Amy J