"Jeff Rigby" wrote in message
...

"P.Fritz" wrote in message
...

"Calif Bill" wrote in message
nk.net...

"Jim," wrote in message
...
http://schumer.senate.gov/calc/index.html

What are the assumed interest rates? There is no explanation of any of
the
privatization numbers. Therefore the whole thing is suspect.

'Suspect' that may be the understatement of the year.

It is typical liebral smoke........they claim the calculations are based
on CBO economic assumptions but the truth is in the links......


The underlying calculations are from the "Center on Budget and Policies
Priorities"

Who are they you ask? Looks like developers of the liebral playbook.

http://www.cbpp.org/info.html
The Center's Mission
The Center on Budget and Policy Priorities is one of the nation's premier
policy organizations working at the federal and state levels on fiscal
policy and public programs that affect low- and moderate-income families
and individuals.


If you look at the numbers, and assuming they are accurate, higher income
individuals take a greater hit in SS income when retireing. IF the system
is going insolvent those that can afford less income from SS vs those
dependant on it is where it should be cut. It's not fair to those who
have paid in but what other solution is fair?

So who has a problem with the proposal and what better why should it be
done?

Would you like to repeat that in english?