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... On Thu, 8 Apr 2010 22:19:50 -0700, "nom=de=plume" wrote: Sure.. there's no absolute certainty that the tax rates will be lower for those who retire. But, historically, that's what happens. History is irrelevant Whew... that's a pretty bold statement. Are you sure you subscribe to that notion? There are lots of bad things that can happen if you ignore history. There has never been a retirement cadre the size of the boomers in the history of the world. Europe is in more trouble than the US because of their demographics. We are going to end up with less than 3 workers per retiree. That is unsustainable. There is really no "savings" in any real way. We are simply invested in the dreams of growth and the likely rate of growth can't sustain the investment. Well, I guess we should all hide under the bed. So far, and I haven't heard one single viable solution to this situation. The Republicans are certainly doing nothing, not even bothering to work a full schedule. The Democrats are mostly trying, but the rabid reactions of those on the far right and the lobbying money flowing aren't helping. When people listen to the likes of Beck/Rush, guys who make millions a year, guys who couldn't give a hoot about anyone save themselves, and the people can't figure out they're worse than snake-oil salesmen, there's no telling what'll happen. I prefer to believe that sanity will prevail, given our history of making good choices (eventually). -- Nom=de=Plume |
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