* Larry is the guy to talk to Wall Street etc
* He is the Ombudsman in this regard, quite, harmless, and speaks their language.
* He is at the tip of the spear and is not afraid to take arrows.
* My guess this is an effort to at least talk about it because savings in this area could reduce the pressure on interest rates which could slow the GDP growth, and their is interest rate / spiral angst IMHO.
More importantly, Salena Zito in her book "The Great Revolt" touches on this subject that this voting block and PDJT have left the entitlement mess hanging out their like a dangling participial with no resolve, especially w/ the promise not to touch it.
I will keep my power dry and here is why....
* What if Larry and PDJT propose something benign like GWB did, aka buying real Treasury Bills, and build a Bond Ladder in your SSI instead of the IOU's that are non trade-able for higher yield?
* What if you can take < 50% of your SSI contributions and put them in the Mutual Funds that all Federal employees have access to in their TSP?
* What is the changes are this common-sensical?
My guess is the Mutual fund side could even be structured like an Equity Linked CD so that the gains can be in addition to your base withdrawal rates, kind of like a bonus that you can access, and structuring the access is another subject for another day.
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