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Posted to rec.woodworking
Joe Barta
 
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Default OT - Oh, You Mean THOSE Weapons Of Mass Destruction

wrote:

I'm not clear on whether or not the employer contribution alone
would be enough to tip the balance into the black, but the
reason people will take out more than they put in (plus interest
on what they put in) is not becuase retirees are _thieves_. It is
because the SSAs were managed by thieves. Those are the
same thieves who are doing the analyses to which you refer.


When you say the SSA was managed by "thieves", do you mean that
individuals working for the government illegally removed money... like
say a Burger King cashier might pilfer $20 from the cash drawer? And
if these folks would not have done such a thing, there would not be a
long term entitlement funding problem?

Joe Barta