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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (672597)2/17/2005 6:49:33 PM
From: Wayners  Read Replies (1) | Respond to of 769667
 
Moving to a forced savings account technically does not materially affect net national savings," he said. "It merely moves savings from the government account to a private account."

Huh? The Govt account isn't savings at all. Most of money goes out as money to current recipients. How is the Govt account "national savings". That money that goes out to recipients isn't invested at all, its consumed by retired people who eat food, use electricity, use gasoline, etc.