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


To: RetiredNow who wrote (214985)1/15/2005 4:14:10 PM
From: Road Walker  Read Replies (1) | Respond to of 1573711
 
re: If the net present value of the reduction in benefits under Bush's plan is more than $2 trillion, then it would be financially worth it to invest $2 trillion today to make this happen.

It's not, you idiot. That's the "transition cost" everyone is talking about. My God, quit spouting off and pay attention.

re: There doesn't have to be a loss of the safety net. It all depends on how they implement the plan.

And if they implement the plan wrong (likely)? And if the market tanks (likely with the current deficit +$2Trillion), or if inflation gets ahead of investments (likely with the current deficit +$2Trillion)?

You are talking about food and shelter for old people, a VERY serious topic. You want to gamble with the money, and then gamble that they don't outlive it.

You never answered me before when I showed it might only last 8-10 years.

John