Let's think this through

[Tony_FLADEM]

Bush wants younger people to invest 1/3 of their payroll tax in the private sector.

To create these accounts he wants to borrow $1 trillion.

Who will have to pay the interest on this $1 trillion?

The same people getting these accounts.

So to have investment accounts with 1/3 of their payroll tax included, younger workers will have to assume $1 trillion in debt and all the burden that goes with it.

Am I missing something here?

[rkc3]

1. Why don't they just send us $1 trillion and let us worry about it for the

next 25 years?

[Walt Starr]

2. BINGO, this scam will cost more than SS costs now!

And, long term, they'll be worse off than they would have been under SS.

Fact of the matter is, they're trying to prop up an overinflated stock bubble!

[GreenArrow]

3. one question:

who owns or has large stock holdings in the businesses to be invested in?

Hint: it ain't you or me.

[Mandate My Ass]

4. You nailed it

The regressive tax system they've implemented wasn't enough, now they want to give our hard-earned retirement money to the investor class as well.

Just give me what I've paid in to date in a lump sum and we'll call it a day. I ain't giving it to some Enron types to "invest" for me.

[Lydia Leftcoast]

5. You're thinking, Tony

Bush hates that.