* [EMAIL PROTECTED] ([EMAIL PROTECTED]) wrote: > Before someone else noticed it and told me to "pay attention," I > thought I'd correct an error in my last message on this thread: The > transition costs to create private accounts won't be $2B. Of course, > nobody knows exactly, but the number should have been $200B.
No. Please pay attention. The economic costs are zero. The government borrowing is exactly offset by private saving, for a net economic cost of zero. Try to think a little, huh? You seem deluded that increased SS spending has no cost, but shifting borrowing around in a way that has not net effect has high cost. Try living in the real world, huh? -- Erik Reuter http://www.erikreuter.net/ _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
