SI
SI
discoversearch

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 : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (61223)4/23/2008 8:42:41 PM
From: KyrosL  Read Replies (3) | Respond to of 542536
 
Thanks for the graphs. I think it's dishonest to include social security surpluses as part of the budget, in spite of government and media wishes.

The first step that Latin American banana republics take when they decide to reform, is to take the government's hand out of the public pension system cookie jar. It's sad that in America we still haven't taken this step, and the few feeble proposals to put those SS surpluses in a "lockbox" are being ignored or even laughed at by politicians of both parties. I would very much like the SS surpluses, which will last another 10 years or so, managed as a public pension fund, and invested around the world. It not only will make government more honest, but it is also a good first step to converting SS into a genuine pension system rather than the money transfer system it is today.