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In reply to the discussion: Ultra Low Interest Rates A Threat To Social Security [View all]eniwetok
(1,629 posts)23. it's untenable if the only new revenue is from
Sure... we can't ignore the problem of demographics. I'm a Baby Boomer and will be turning 65 soon... so this issue is more concern to me than perhaps others.
But that 2.8 trillion in the fund could have been invested more wisely than just letting the government borrow and spend it for whatever... and not setting any floor below which interest could not fall. I'm NOT talking about privatization. Obviously it's too late now but I think we could have better invested it in public infrastructure and then taxed the increased productivity... not with user fees but possibly with something akin to a VAT tax.
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From previous reports. Just because they're not online does not mean they do not exist.
jeff47
Mar 2016
#41
Well, yeah Congress can always amend the SS Act. But until they do that, it's pretty much a market
Hoyt
Mar 2016
#28
I think they have driven rates down in the hopes of spurring job creating business.
Hoyt
Mar 2016
#29
And it hasn't worked well because of other issues that only Congress, not the Fed, can address.
strategery blunder
Mar 2016
#47
Agreed. Allowing giant banks to borrow money for free from the taxpayers without no requirement
GoneFishin
Mar 2016
#51