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


To: tejek who wrote (218805)2/11/2005 5:35:52 PM
From: RetiredNow  Read Replies (2) | Respond to of 1574258
 
Nope. I was talking about SS. I know alot of you on this thread, liberals and conservatives both, like to mix up SS with the U.S. deficit and overall debt, but I think that is silly in my opinion.

For example, if I work for G.E. and am evaluating one subsidiary, I isolate the financials of that subsidiary in order to analyze its viability. I don't look at G.E.'s financials as a whole to determine how to fix the subsidiary.

So by the same token, lumping SS in with all of the U.S.'s finanical issues is a good way to lose the tree for the forest. Separating it and analyzing it on its own merits is a good way to figure out how to fix it. And on its own merits, over a 70 year period, it's liabilities already exceed the market value of it's assets, but that will become even more irrefutable as we get closer to 2042 and actuarial estimates get transformed into actual fact.