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

To: MJ who wrote (674130)3/5/2005 2:51:33 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
"it has simply become bloated with a beauracracy to manage the system"

Actually... I believe the management overhead of the SS bureaucracy is extremely low, something like 0.2% or lower, if memory serves.

Most mutual funds wish they had such a low overhead.



To: MJ who wrote (674130)3/5/2005 2:57:07 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Social Security Reform: Reform Should Not Wait For A Crisis

Issue #1
The Concord Coalition
March 4, 2005

concordcoalition.org

Check out the numbers in the graph at the bottom of the page. By 2030, interest on the nation debt exceeds the costs of either SS or Medicare/Medicaid, by 2040 it exceeds the costs of BOTH programs together!



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