RE: Questions & Puzzles (Great Job Andy Lang!)
- Date: Mon, 24 May 1999 03:51:02 -0400 (EDT)
- From: Andre Dermant <adseale@aol.com>
- Subject: RE: Questions & Puzzles (Great Job Andy Lang!)
I wholeheartedly agree with your questions. You hit it on the nail.
On top of that, liberals refuse to accept the idea that individual
retirement accounts stay with the worker's family, NOT the government.
Mr Pomeroy notes the very low level of savings in the USA. It does
not seem to occur to him that there are two primary factors:
1) the very high FICA taxes that siphon off what should be savings;
2) the IRA's and 401(k) plans that act as savings.