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 : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (298)	9/1/2011 10:56:29 AM
From: Bill	5 Recommendations Read Replies (1) \| Respond to of 85487

Didn't Bush propose something like that during his first term?

To: KyrosL who wrote (298)	9/1/2011 10:59:14 AM
From: Bearcatbob	Read Replies (1) \| Respond to of 85487

But, like I said, this discussion is academic. There won't be much surplus in the future for the SS Trust fund to invest, even if it could. That is a very interesting point. My wife and I took SS at 62 to make sure we could get what we could get before it gets means tested. Of course, one could take the current Bonds (full faith and credit) held by the SS Trust fund, sell them - and invest them productively. It would in effect be a wash as one kind of debt would be exchanged for another. It would however largely end the fallacy that our debt is not already 100% of GDP as the debt would then be almost all publicly held. Bob