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To: chris1

Dear chris1,

"That would be 6% right there and the worker and employer would not even see a big difference other than the growth in the person's assets."

Ah, but then the problem is that the $160 billion per year that the Treasury is borrowing from Social Security to spend on current government programs would no longer be available. Then our congresscritters would either have to: 1) raise taxes a bunch; 2) actually cut spending a pretty fair amount; or 3) admit that the real budget deficit is about $160 billion higher than what we've been told it is; and 4) have to go borrow that money from someone that isn't a captive audience.

Tough sell. At least to congresscritters.


sitetest


14 posted on 03/07/2005 10:55:41 AM PST by sitetest (If Roe is not overturned, no unborn child will ever be protected in law.)
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To: sitetest

What a bunch of thieves.

I am so sick of these pols, of both parties who refuse to be honest about the problems we face.


15 posted on 03/07/2005 10:59:15 AM PST by chris1 ("Make the other guy die for his country" - George S. Patton Jr.)
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