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From: assimilate on 3 Dec 2009 01:34 On 1-Dec-2009, Howard Brazee <howard(a)brazee.net> wrote: > I said the evidence was weak. But it's all we have - the economy > improved, it did not get worse. We were w/o competition as all the industrial economies of the world were in shambles after the war. -- bill-o
From: assimilate on 3 Dec 2009 01:36 On 1-Dec-2009, Jack Hollis <xsleeper(a)aol.com> wrote: > Those seniors, rich or poor, have been paying into SS for their entire > working lives and for Medicare since 1964. They deserve their > benefits. I think that both SS and Medicare are bad programs, but > they are not welfare. the irony being if they were they would be a lot more feasable economically. -- bill-o
From: Chris Bellomy on 3 Dec 2009 01:36 assimilate(a)borg.org wrote, On 12/3/09 12:34 AM: > On 1-Dec-2009, Howard Brazee <howard(a)brazee.net> wrote: > >> I said the evidence was weak. But it's all we have - the economy >> improved, it did not get worse. > > We were w/o export customers as all the industrial economies of the > world were in shambles after the war. I fixed your post for you.
From: assimilate on 3 Dec 2009 01:39 On 2-Dec-2009, Jack Hollis <xsleeper(a)aol.com> wrote: > >If I live long enough, I will get back more than I paid for Social > >Security Insurance. But in reality, I didn't pay for me, I paid for > >previous generations. It will be workers who will be paying for me. > > And when the benefits paid out reaches the point where it is more than > the revenue coming in (last I heard 2014) the money will have to come > from somewhere. My guess is that they will privatize the debt of $2 > trillion in T-Bonds that the government owes to itself. Strange as it > seems, the national debt wont go up a penny. what could go wrong? -- bill-o
From: assimilate on 3 Dec 2009 01:40
On 2-Dec-2009, Jack Hollis <xsleeper(a)aol.com> wrote: > That's all true. > > However, Social Security is a law passed by Congress and, as such, it > is a legal obligation taken on by the government. and as such it can be changed by Congress; and if they had to rely on it, boy would it get fixed quickly! -- bill-o |