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To: Ashley Campbell who wrote (90184)1/20/1999 10:54:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
<Social Security> Look at Chile.

You see the Presidential proposal is to invest a small portion of the funds in the market which I think is a good idea,should certainly get one more than 3% over time.I have no idea why Greenspan is against it.

I don't know you know this but Chile privatised their social security a few years ago and the program is working very nicely as far as I know.



To: Ashley Campbell who wrote (90184)1/20/1999 1:28:00 PM
From: Daiju Kohno  Respond to of 176387
 
<I'm still not following the logic re: the opposition
to investing the social security>

Although Clinton said last night that his plan would allow people to choose how their money grows, he again somewhat misleading. His plan calls for the government to invest SS$ which is exactly what Greenspan is worried about.


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