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

To: TimF who wrote (218017)	2/8/2005 6:43:47 AM
From: Road Walker	Read Replies (1) \| Respond to of 1571762

re: I'd like to see some personal account system. I think it is a good idea, but what is more important in the long run is to contain the cost. If we have to ditch the private accounts in order to create some retirement age indexing or other change to contain costs I might support the trade off. Then we agree. I would put it a little differently; we can't afford government controlled private accounts now. BTW, the SS chief actuary just said that implementing the private accounts would move the cash flow crossover, when outflow exceeds inflow, from 2018 to 2012. John