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


To: TimF who wrote (13260)3/21/2012 3:25:04 PM
From: Little Joe  Read Replies (1) | Respond to of 85487
 
No I don't. In the end the real test is can they pay the benefits when due. I am betting no. I think they will inflate and understate the inflation as they do now. So they may be paying a lot less in real dollars than people expect. By the way have you read anything on what effect the reduction and/or elimination of payroll tax has on the subject. Now that they have cut the payroll tax, can they realistically raise it again?

It was a terrible idea in the first place and a worse idea now that they have extended it.

lj