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To: leadpenny
For myself, I see another alternative solution: screw Social Security. I have 15 years to minimize my need for income from wages. Here's the plan:

1) Practice financial austerity: stay out of revolving debt, save and invest to the hilt, emphasize purchases of durable, useful items.
2) Continue to develop personal skills that can be performed for cash or bartered for things of value.

Granted, my plan has several holes in it. It doesn't provide a solution as much as a path to a solution for taxpayers, and most people probably wouldn't choose this path. The more people that adopt this plan, the more SS recipients will be left in the lurch. In the years leading up to the Federal budgetary s#!! hitting the fan, the ability of individuals to use cash will be limited because the FedGov will become desperate for money. Also, it does not take into account what will happen to people who come of age after the crash, if or when it comes.

A naive and grandiose plan, I know, but at least it gives me a little hope.


9 posted on 01/16/2004 6:07:44 AM PST by Jack of all Trades
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To: Jack of all Trades
I love it when a plan comes together. :)
11 posted on 01/16/2004 6:21:36 AM PST by leadpenny
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