Re: Savings Rate Goes Negative
If by "self-financing" you mean that taxpayers fund the accounts and that the federal government, i.e. taxpayers, pay the interest on the funds' investments, then I would agree with you.
By the way, can you convince my payroll administrator that the trust funds are "self-financing"? She seems to think that I have to make a sizeable payment to FICA each pay period.
|