SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (214507)1/9/2005 10:14:55 AM
From: Alighieri  Read Replies (2) | Respond to of 1572469
 
Raymond, it is not propaganda. Think about it. If you have a savings account and you spend more than you contribute, then that savings account will eventually be depleted. Social security has a trust fund and both left and right leaning actuaries estimate that outflows will exceed inflows by 2018 and the fund will be depleted somewhere between 2042 and 2052. Read the Social Security Administrations own website. This is where I'm getting those figures.

Careful with with generalizations and absolutes. Here's a perspective for you.

cbpp.org

Al



To: RetiredNow who wrote (214507)1/9/2005 4:58:32 PM
From: Raymond Duray  Read Replies (1) | Respond to of 1572469
 
mindmeld,

Re: So in every post I have been saying you can solve the problem in several ways: reduce benefits, raise taxes, run deficits, or privatize

Are you lying, or did you forget that what I was responding to was your incorrect statement that Social Security would be bankrupt in 2042?

Are you backing off from that false assertion now?