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Too much choice
Quote:
Originally posted by sgtclub
This is a now or later problem. It would cost between $1.5-2.0 trillion now, or up to $10 trillion later.
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$2 trillion now invested at a 5% rate of return will be worth about $19 trillion in 2050. So even if your numbers here are right -- and if the system is going to go broke in 2050, that's still not a $10 trillion problem in 2050 -- let's try fixing, say, the Bush deficits first.
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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