The issue is NOT investment in the stock market. It is the ability of Social Sceurity to pay the benefits as promised to the baby boomers.

col,

the benefits were promised to my generation as well. You're proposing a continuation of the "rob from the future to pay the present" mentality; I'm proposing its gradual reorganization.

The issue is NOT investment in the stock market. It is the ability of Social Sceurity to pay the benefits as promised to the baby boomers.

WRONG answer! That is "EXACTLY" the issue of this thread! So, now answer Gid's question! Or can you?

unless funding can be found to pay the benefits of the people who are retired; are about to retire and are too old for individual accounts, we have not solved the issue Bush is talking about. The individual accounts are for the generation AFTER the Babby Boomers. We must first fix that problem and creating individual accounts will take money away from the boomers and make that problem worse! The 2042 date after which SS can not pay 100% of the promised benefits will come much earlier if we divert trillions from the trust fund into individual accounts.

unless funding can be found to pay the benefits of the people who are retired; are about to retire and are too old for individual accounts, we have not solved the issue Bush is talking about. The individual accounts are for the generation AFTER the Babby Boomers. We must first fix that problem and creating individual accounts will take money away from the boomers and make that problem worse! The 2042 date after which SS can not pay 100% of the promised benefits will come much earlier if we divert trillions from the trust fund into individual accounts.

This figures.... You don't have an answer for Gidieons question do you? And the reply you gave (#34) doesn't even come close.

WTF do i bother..................

drmiler

The answer to the question posed by Gidieons is to properly fund the current Social Security program so SS can deal with the increase in Americans created after the second world war. Once that bubble has passed, we will have a situation similar to what we have today in terms of the number of people working compared with the number of people receiving benefits. Today Social Security is actually generating a net surplus and last year it had a surplus of $156 billion. So the issue is to get past the baby boomers by adding to the trust fund. The way you get more money into the trust fund is first invest the money currently in the fund (about $1.7 Trillion)in higher-yielding investments such as equities rather than the treasury obligations the Trust Fund currently holds. Second is to increase the inflow by raising the limit of taxable income for Social Security. This is how you ensure that the system can pay my retiremeny, the baby boomers retirement and the the retirement for Gidieons generation. You don't fix SS by transferring money out of this the trust fund to create individual accounts like Bush is proposing. That is how you will be able to meet the obligations of Social Security to all generations.

drmiler The answer to the question posed by Gidieons is to properly fund the current Social Security program so SS can deal with the increase in Americans created after the second world war. Once that bubble has passed, we will have a situation similar to what we have today in terms of the number of people working compared with the number of people receiving benefits. Today Social Security is actually generating a net surplus and last year it had a surplus of $156 billion. So the issue is to get past the baby boomers by adding to the trust fund. The way you get more money into the trust fund is first invest the money currently in the fund (about $1.7 Trillion)in higher-yielding investments such as equities rather than the treasury obligations the Trust Fund currently holds. Second is to increase the inflow by raising the limit of taxable income for Social Security. This is how you ensure that the system can pay my retirement, the baby boomers retirement and the the retirement for Gidieons generation. You don't fix SS by transferring money out of this the trust fund to create individual accounts like Bush is proposing. That is how you will be able to meet the obligations of Social Security to all generations.

I love it!!! You finally come up with an intelligent answer to a simple question and yet you turn it around and make it GW's fault.

Bush is dum just like his daddy and both don't know how to run a country, i dont have a problem with republicans but those two bush's are awful!!!!