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

To: Alighieri who wrote (184468)	3/10/2004 2:39:07 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1572658

Al, another view on Social Security. Personally, I think the author is being overly optimistic in the "long-term funding gap," but at least his view is aimed at striking down myths propagated from both sides of the fence (more so on the conservative side than on the liberal side, which you'll probably like): impactpress.com Tenchusatsu

To: Alighieri who wrote (184468)	3/12/2004 12:24:38 PM
From: Amy J	Read Replies (2) \| Respond to of 1572658

Alighieri, RE: " Wouldn't you think that the public and pundits would put equal pressure on the fed gov to get its house in order now, just as it works to fix a program that has been in surplus for years, even as it heads towards fiscal crisis?" Yes I'm not a fan of tax cuts in the face of deficits. If you check out our debt ratio to GDP, it was the lowest during President Jimmy Carter. If Carter remained in office, we never would have gotten Reagan's deficits and eventually the economy would have balanced itself out over time - a little pain is better than a structural deficit problem. I'd prefer a low debt ratio. Our country's debt scares me galore. Regards, Amy J