On Wed, 26 Jan 2005 12:29:56 -0500, Erik Reuter <[EMAIL PROTECTED]> wrote:
> * Nick Arnett ([EMAIL PROTECTED]) wrote:
> 
> > If there is a crisis today, then a big correction is needed now.  But
> > if the crisis is many years away, as virtually every analysis says,
> > then there is no need for major change.
> 
> Yeah, yeah, the longer you put off fixing the problem the more your
> generation can take from the coming generations.
> 
> I've asked you before, and you have repeatedly failed to answer. If the
> problem is such a small one, then will you champion to your generation
> the measure of taking an immediate, across the board cut to 73% of
> current SS benefits? That would bring the system into long term balance.

A future benefit cut in 2050 of around 25% to bring the system in
balance when benefits are 40% higher than now is not the same as a 25%
cut now,.

[more gibberish snipped]

Gary Denton
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