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| Re: Karl Rove (4394) | |||
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Re: Karl Rove |
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Posted by AlM on Fri Nov 26 13:34:00 2004, in response to Re: Karl Rove, posted by #4 Sea Beach Fred on Fri Nov 26 13:09:45 2004. "Some type of privitization will have to be done for, say, people under 30 or thereabouts while all those older can stay in the old system."And who is going to pay even reduced benefits for the older people if the younger ones are taken out of the system? The only financially sound approach to social security is to reduce/delay benefits for the older people to a moderate degree and NOT privatize, so that the younger people still contribute. If you privatize, you have to reduce/delay benefits to the older people to a radical degree, not a moderate degree. |
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