12.16.2004

Social Security Reform:

This is from MSNBC's coverage of the 'summit' today:

http://www.msnbc.msn.com/id/6718105/

"As the huge Baby Boom generation reaches retirement age beginning in about 2010, Social Security faces a shortfall projected at $3.7 trillion over the next 75 years."

WOW! $3.7 trillion over 75 years, that's a lot of money!!! We better do something right away to save Social Security.

I AGREE WITH BUSH THAT WE NEED TO DO SOMETHING TO END THIS SHORTFALL!

Here's my proposal:

3.7 trillion / 75 years = $49.3 billion per year

$49.3 billion / 270 million Americans = $182.72

That's right, we can save Social Security, perhaps the most successful Government program in history if each of us merely kicks in $182.72 per year.

It is not broke, do not fix it.

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