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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (26087)12/16/2004 8:00:09 PM
From: Elroy JetsonRespond to of 306849
 
Spending $1 to $2 Trillion to save $3.7 Trillion, over 75 years, is a really pathetic return.
If we invested $1 Trillion today at 2% interest it would be worth $4.4 Trillion at the end of 75 years.

It just goes to show the sorry state of the current administration. A return of only 1.76% annually sounds like a good deal to them.

$1 Trillion * 1.0175 ^ 75 = $3.7 Trillion. This sort of nonsense would never pass muster in a reality-based nation like Australia.

.



To: Les H who wrote (26087)12/16/2004 9:22:29 PM
From: OblomovRead Replies (2) | Respond to of 306849
 
You are assuming that there is no social benefit to private SS accounts.


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