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Steven and Gail Peterson
 
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You aren't paying attention. The real issue isn't about reducing SS system
income by about a third, it is about reducing future benefits by at least a
third, or 40%. The rest is just an attempt to make it palatable. The
problem, to politicians, is that SS will stop running huge excesses and they
will have to come up with some other way to fund SS benefits and the rest of
the government. Shrub's proposed method is to add trillions to the deficit,
which will add to the tax burden of our children and grandchildren. I
haven't heard anything that suggests the return from private accounts will
balance the cost of supporting the debt. But, since the republicans will
have already named everything for Reagan (the other big debtor), about the
only thing left to name in Bush's "honor" will be the GWB National Debt.

"Frank Ketchum" wrote in message
nk.net...

"Lew Hodgett" wrote in message
ink.net...

The systematic dismantling of the government.


At the rate the Bush administration has been spending money on all fronts,
how the government is being dismantled is a tough sales pitch to make.
Its funny that the very thought of taking a minute percentage of SS money
from the goverment control and putting it into the private sector causes
such waves of panic. It's not like the entire SS fund is going to be
invested in high risk stocks.

Frank