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Politics : John EDWARDS for President -- Ignore unavailable to you. Want to Upgrade?

To: miraje who wrote (824)	2/26/2004 11:54:35 PM
From: zonkie	Read Replies (1) \| Respond to of 1381

Social Security is a ponzi scheme that cannot continue in its current configuration indefinitely. That's very true if you include politicians messing around with it as being part of the current configuration. It would be completely solvent till at least past 2040 if they would leave it alone. How can anyone predict what our needs will be in 2040 or how things will be different. Junior said last year the deficit would be 11 billion this year. Social security is in great shape compared to the deficit. There is something that can't continue at the present pace till anything close to 2040.

To: miraje who wrote (824)	2/27/2004 10:13:50 AM
From: Ann Corrigan	Respond to of 1381

>>Social Security is a ponzi scheme that cannot continue in its current configuration indefinitely. It needs to be fixed so that future retirees indeed won't "starve to death". And the longer that that fix is postponed, the more painful it will be.<< You didn't say that in the first place. Your previous statement was indeed scroogish but the one above is sensible. As far as my view of capitalism, if controls were not set in place by the founders of this country, the greedy class would indeed have trampled the rights of average citizens in the centuries-old European tradition. P.S. I don't bother with the childish "moderate off" nonsense some enjoy playing. That's for kindergarten class, not for adults.