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Reply #73: My main problem is, as you say, the transisitonal costs. [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
GOPBasher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-28-05 04:16 PM
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73. My main problem is, as you say, the transisitonal costs.
Outside of that, I wouldn't be terribly opposed to it, except that they'd have to convince me that what happened in Britain would not happen here -- their system is having major problems BECAUSE of Thatcher's partial privatization plan.

Other than that, though, it's really just the transistional costs that scare me. The biggest reason that SS is facing a problem is precisely because of Bush' s fiscal irreponsibilty. With the surplus that Clinton left us, we could've payed back the national debt and then there would be tons of money in the general treasure from which we couldn't shored up SS. However, Bush desroyed our fiscal situation, and has actually added $2 tillion to the national debt. NOW, because of THAT, we really are in trouble with SS.

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