Social Security: Three New Ideas -- As the National Debate Rages On, It's

[REACTIVATED IN CT]

Social Security: Three New Ideas -- As the National Debate Rages On, It's Time for Fresh Thinking
Excerpt: "The principal economic idea behind President George W. Bush's proposal for private Social Security accounts is to tap the power of the stock market. After all, the Social Security Trust Fund consists solely of government bonds whose returns have historically lagged those of stocks. But there could be a better way to achieve the same goal: Keep the current setup but invest some of the Trust Fund in stock market index funds." (BusinessWeek Online)

http://businessweek.com/magazine/content/05_08/b3921082_mz057.htm

[papau]

1. Excellent :-)

:-)

1 LET THE TRUST FUND INVEST IN STOCK INDEXES
2 ADD-ONS COULD BE THE GREAT COMPROMISE
3 USE AFTERTAX INDEXING, NOT PRETAX (to reflect future tax increases needed to handle Bush deficit) of the earnings history used to determine the average wage.