Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: expatpat
You talk about cuts like a democrat.

Deferral and cut are not the same.

69 posted on 02/25/2004 8:48:27 AM PST by Cold Heat (In politics stupidity is not a handicap. --Napoleon Bonapart)
[ Post Reply | Private Reply | To 65 | View Replies ]


To: wirestripper
Amen, fellow conservative:

To: expatpat

You talk about cuts like a democrat. Deferral and cut are not the same.

80 posted on 02/25/2004 8:55:59 AM PST by Grampa Dave (John F'onda Kerry has been a Benedict Arnold and legislative terrorist since Nam!)
[ Post Reply | Private Reply | To 69 | View Replies ]

To: wirestripper
The fact is that my monthly payment has been reduced by the raise in retirement age -- that is a cut in anyone's dictionary.

Deferral is certainly a cut if the effect of the deferral is never remedied -- and it isn't. What you miss in the first year or so, you never get back. (And anyone who knows about discounted cash flow would say it was a cut, even if was remedied).

And don't call me a democrat again.

83 posted on 02/25/2004 8:59:18 AM PST by expatpat
[ Post Reply | Private Reply | To 69 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson