From the department of "huh?"
Democrats and Republicans put forward today a plan to put $750 million into schools. Well, kind of a plan. See, there is no funding mentioned. Which makes it less of a "plan" than a fantasy. Hey, I've got a plan to put $3 trillion into schools, health care, and Social Security. Really, I do. Honest. Sure, I haven't figured out where that money will come from, but hey.
Also, Congresscritter Martin Sabo thinks that the way to save Social Security is to legislate higher bond rates. I'm no economist, but I think legislating higher bond rates, instead of letting the market decide them, would have serious economic repercussions. This is not a constructive solution.
posted by MN Politics Guru @ 18:00
2 Comments:
I listened to Sabo's interview on Wendy Wilde's show Friday morning on AirAmerica Minnesota. He wasn't talking about legislating a rate. He was talking about using a realistic rate for estimates and predictions of SSI trust fund income. The was the actual rate(s) that had been both seen and used over the past 20 years. Currently the SSA is creating predictions using rates that are substantially lower than reality (by about 1/3 if memory serves).
So many blogs and only 10 numbers to rate them. I'll have to give you a 10 because you have done a good job. Great Job,
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