Politics and Money

[n4807g]

yeah...on another board I pointed out that many reasonable economists and scholars were saying that in the very least the assumed rate of return on investments should be reduced to around 4% from the ridiculous 7.5-8.0%. One notable poster went "nuts" and argued it unreasonable to make that assertion.

Well...here we are. Now everyone is suggesting reevaluating rates of return on investment. The real reason no one wants to change that assumption; it would immediately show how serious the situation really is and force states to set aside more tax revenue. But no....let's just let the problem grow.

Shared sacrifice.....LOL