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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Srexley who wrote (551360)3/13/2004 3:00:20 AM
From: Steve Dietrich  Read Replies (5) | Respond to of 769670
 
<<This system is going broke big time.>>

Don't know much about much, do you? This is a lie.

SS is 100% solvent until 2042 according to the SS Trustees report. After that it would be able to pay over 70% of benefits indefinitely. And that's assuming an average gdp growth of 2.5%. With a gdp growth of 3.5%, SS is 100% healthy for at least 75 years.

It's a lie to say SS is going broke let alone "big time."

Steve Dietrich



To: Srexley who wrote (551360)3/14/2004 8:41:23 PM
From: sea_biscuit  Read Replies (3) | Respond to of 769670
 
SS by itself is still running a surplus as of today. If something in surplus is "going broke big time", then what about the federal budget which is racking up near-trillion dollar annual deficits -- despite money being stolen from the SS fund?


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