I completely agree. Telling our legislators, however, won't be
effective. The problem is too big and our legislators got us there in
the first place - it's a systemic failure. You have to change the
system.
My proposal is to appoint a bi-partisan 9/11-type commission that
will create a definitive report and set of recommendations to fix the
problem - NOW. That's what it'll take because the fix is going to be
EXTREMELY painful.
Lots of people my age say, "oh, I don't count on social security."
Well I'd say fine, but how much are you saving? Next I'd say yeah,
you're not only not getting any social security, you're going to pay
triple your current taxes just to cover what you owe and your parents
already spent.
Pete Peterson, BTW, is in a different category from Scarborough (as is
Martin Wolf).
Here's a quote from Pete Peterson:
"we've got the so-called starve-the-beasters, you know, who argue just
the opposite of the supply-siders. They argue that if you cut taxes,
of course, revenues will go down and then we'll get rid of all those
government benefit programs. Well, I look at those guys and I say,
look, if you're so serious about cutting spending, why don't you tell
now, tell us now what you're going to do particularly about the big
programs, Social Security, Medicare, and so forth, because that's
where the big bucks are."
The bottom line is: start screaming for a bi-partisan commission.
That's something that's hard to argue with whereas saying "fix the
problem" probably won't get us anywhere.
k
----- Original Message -----
From: Robert Munn <[EMAIL PROTECTED]>
Date: Fri, 10 Sep 2004 12:32:54 -0400
Subject: Re: America The Bankrupt
To: CF-Community <[EMAIL PROTECTED]>
None of that other stuff that Scarborough & co. complain about really matters.
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