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: Road Walker who wrote (218195)	2/8/2005 8:46:38 PM
From: TimF	Read Replies (1) \| Respond to of 1572136

It sure does. Future spending is subject to many, many variables, current deficits are real, black and white. I'm not just talking about future spending, but specific future obligations. The details are less certain then the current level of debt but about as certain as the cost of carrying that debt over decades (interest rates change both in nominal and real terms), if not more so. Wrong. First you ignore interest Interest is just the amount you have to pay back. It is a future obligation like any other. So the payouts are going to be "interest rate adjusted" I didn't say any such thing. They will be adjusted upwards but not based on interest rates. The point is that they will go up. Quit stretching to justify this huge expense There is no expense. Your exchange one promise to pay for another one. Its only an expense if you planned to avoid the first promise (or in other words not pay social security payouts). Tim