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


To: Amy J who wrote (220741)2/24/2005 10:55:31 PM
From: i-node  Read Replies (1) | Respond to of 1576378
 
>> No money should be borrowed. No excuses.

Okay. I got it. So SS shouldn't lend money.

Could you please tell me how the trust, earning ZERO PERCENT, is going to keep pace with inflation?



To: Amy J who wrote (220741)2/24/2005 11:31:12 PM
From: Peter Dierks  Read Replies (1) | Respond to of 1576378
 
I and a lot of other younger people do not like "Pay as you Go." We do not like borrowing.

You sound like a traditional Republican. i mean it as a compliment.

Is it reasonable then that you would support a system that phased out the Ponzi scheme and phased in an actual trust fund account with actual performing assets? While you may not like the borrowing aspect of the President's plan, it is closer to what you seem to desire than anything proposed by the Democrats. Democrats seem bent on obstructing changes that would benefit the middle class.

IMO Democrats are the party of the very wealthy and the poor. IMO Republicans are the part of the middle class. You might consider which party gives you a better hope for a prosperous future.



To: Amy J who wrote (220741)2/25/2005 4:54:51 AM
From: Elroy  Respond to of 1576378
 
I and a lot of other younger people do not like "Pay as you Go." We do not like borrowing.

The US has one of the highest consumer debt levels per capita in the world. Most other economically successful countries (Japan, Germany) are net savers, the US (I think) is the only one where the consumers regularly spend more than their net worth. And the consumer has been the driver of the economic growth of the past 2 years. In other words, US consumers LOVE borrowing...