Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (109014)	4/13/2005 1:42:12 PM
From: JohnM	Respond to of 793843

I think that is a good deal letting people have there own account.. Perhaps democrats should come to the table with some ideas. On the social security front, the Dems idea is Social Security. The way to fix it is no big deal, just accept the idea it's social insurance rather than an aggregate of individual 401ks. Then drop the cap on income. Estimates are that will correct about 40% of the short fall. And edge out the retirement age in small increments. Which, of course, is already happening. That pretty much does the trick so far into the future it's not even worth the kind of wild and wierd guestimating Bush's folks are doing. As for private accounts, they are definitely a good deal. In addition to social security. I have several. Hope you do, too.