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

To: SilentZ who wrote (215020)	1/15/2005 5:40:48 PM
From: Road Walker	Read Replies (2) \| Respond to of 1574001

re: The beauty of the system is that it would be so simple that the effects of any changes would be easily predictable. True. It would be hard to sell to the wealthy... "What, I pay in $xx.xx and get the same as the slob digging ditches?". My WAG is that that's how Roosevelt sold the program, the rich get more than the not so rich. They like that. The thing that's missing from this debate, and every fiscal debate, is that this country is falling from it's lofty perch of economic excess. We are a huge debtor nation, and it hasn't sunk in yet, to us or to the rest of the world. It's an artificial system where we borrow from others to buy stuff that others produce. It's not sustainable, and one day will break really bad. What we really need right now is a very strong dose of painful fiscal conservatism. Pay as you go, with some left over to retire some of the debt. The guys that have figured a way to pump money into the system to avoid the business cycle have created huge inbalances. They will be corrected; it's not if, it's when. The SS debate is a symptom. But in the larger scheme, we need to get our house in order. Europe is coming together as a unified economy and political entity, China is the next economic super power. All we do is consume, we are losing our ability to produce (add value). And on that cheerful note, I'm off to a cocktail party. John