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Opinion: A 10% Solution Would Perfect Social Security for the Future

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REACTIVATED IN CT Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-31-05 04:09 PM
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Opinion: A 10% Solution Would Perfect Social Security for the Future
http://www.fortwayne.com/mld/journalgazette/business/10773453.htm

Opinion: A 10% Solution Would Perfect Social Security for the Future
Excerpt: " It's a good bet that if you analyze a problem incorrectly, you'll come up with the wrong solution. Case in point: George Bush and Social Security. The first problem is one of semantics. Social Security is not running out of money. If nothing is done, inflation-adjusted benefits might wind up being 27 percent less in 2050 than they are scheduled to be, but still wind up higher than they are today. Undesirable, maybe, but hardly economic calamity." (The Journal Gazette
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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-31-05 04:32 PM
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1. excellent that the truth is getting through to mid west media
:-)
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Old and In the Way Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-31-05 04:34 PM
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2. Well, we could fix Social Security if he's concerned.
Fact is, this is an opening to let Democrats make it better. Raise the cap on income ceilings and rollback taxcuts on the wealthiest. I'll bet we could put together a simple calculator that could show Americans how much better the program could be with these changes. And it won't cost us another $2TT we don't have to make it better, either.

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