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To: GVTucker who wrote (67385)	3/15/2005 5:23:56 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77400

You also forgot that no one anticipated 9/11 or the economic impact estimated at over a trillion dollars.

To: GVTucker who wrote (67385)	3/15/2005 7:27:40 PM
From: Amy J	Read Replies (1) \| Respond to of 77400

RE: "doesn't necessarily have to be related to the deficit." But there was a lot of visible waste in the system. A lack of action (in the face of an economic slow down) wasn't prudent, and thus, it is indeed related to the deficit. On a different note, check out our posts on the current account deficit back in 2001: Message 15748641 In AG's speech below, he said, "At some point it (current account deficit issue) must come to an end." Greenspan had good vision on this part. But no follow thru. You wrote a good post here in 2001: "This will affect the dollar" Message 15748743 Jim McMannis wins the award for apparently being the first person to suggest a deficit problem way back in 2000: "remember you [Jim McMannis] saying about 2 years ago, "wait until the gov't realizes much money they won't have in tax receipts from cap gains." Message 17732953 story.news.yahoo.com "Anything that we can do to raise personal savings is very much in the interest of this country," Greenspan said. Why don't they create non-retirement tax incentives to save money for 5 years? While many Americans may find retirement savings hard, a shorter term goal of only 5 years would be psychologically more appealing to them, I would bet. Why don't they even make an attempt to fix the savings problems? Regards, Amy J