In article ,
says...
On Tue, 09 Mar 2004 13:03:23 -0700, rw
wrote:


Fiscal conservatism? Are you aware of which way the deficit is headed,
taking Social Security along with it?

Anyone counting on SS payments more than 10 years out
is crazy: the boys in the administration playing with
our futures are busy killing any chance that there will
be any money to pay anyone, or any money worth anything
to pay to anyone.


Yeah, both parties have killed any chance of SS weathering
the coming baby-boomer retirements. I was surprised to
find that Greenspan, back in 1983, actually put in place a measure that
would have gotten us through this, collecting extra money while
the boomers are working. Of course the politicians (being politicians)
promptly spent every last extra cent of it.

No one, from either party, has had the guts to make the hard changes
needed. I'm actually curious to see how this all plays out, but I'm
confident of one thing. My generation will be the ones paying for it
all.

Yay!,
- Ken