Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: TigerPaw who wrote (214516)	1/9/2005 1:27:15 PM
From: Alighieri	Respond to of 1572508

The tax cuts and the prescription drug bill were the President’s two principal domestic priorities during his first term. Together, these policies will cost at least five times as much over the next 75 years as the Social Security shortfall (if the tax cuts are made permanent). In other words, the President’s domestic policy initiatives will have resulted in fiscal problems much larger than the problem that he now says he wants to address. Al

To: TigerPaw who wrote (214516)	1/10/2005 7:02:22 PM
From: RetiredNow	Read Replies (1) \| Respond to of 1572508

Wrong again. The Baby Boomers start to retire in 2010 and will continue to retire over the following 25 years, until that generation is all retired. That little blip is enough to swing the SS trust fund into insolvency. The Gen Xers that will follow them are a little fewer in number, but immigration has made up the difference. Then the next wave after the Gen Xers is just as big as the Baby Boomers. So this problem will not go away. The Social Security Administration's own actuaries have said so. Do you doubt the SSA's actuaries?