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Re: wbmw post# 91912

Wednesday, 02/10/2010 9:08:13 AM

Wednesday, February 10, 2010 9:08:13 AM

Post# of 575262

The easiest solution is to delay the problem by infusing more cash into the Trust Fund



How could this be a fix? Why not just let the system continue as is and when receipts don't cover outlays just "cash in" those notes, figuratively speaking of course. When the Trust Fund runs out of money, just cover the shortfall from the General Tax revenue?

and in danger of being unfixible due to the huge cost curves of health care.



I think we're already there.

And privatizing these entitlements isn't the answer.



Have I mentioned privatizing entitlements? If any "privatizing" of entitlements were to have occurred I would have favored putting the surplus SS taxes back into individual taxpayers accounts, invested in their name, in Treasury Notes. But since the days of the surpluses are over, that's no longer an option. However, I do fear that the Obama administration would love to publicize the defined contribution system (IRA's, 403b's, 401k's). He's already rattling the saber and probably can't wait to gain access to the nearly $7 trillion dollars held.

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