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


To: Road Walker who wrote (397367)7/9/2008 10:59:50 AM
From: i-node  Respond to of 1587853
 
>> He hates SS and so he sees only what he wants to see

Nothing could be further from the truth. I see it the way it is. If you could structure the program to be financially solvent going forward, I'd be fully supportive. But the trend, as pointed out in the previous post, is unmistakable. Eventually, this program will bring the entire economy down unless something is done to make it fiscally responsible.

I might add, that the 70% [combined] tax rate I mentioned in the previous post was what the chief actuary for SSA said we would need to sustain the program -- 30 years ago. Nothing has changed.