Telly
Thinks s/he gets paid by the post
- Joined
- Feb 22, 2003
- Messages
- 2,395
Today's Scott Burns column was devoted to this. Referring to Kotlikoff, "He calls them 'the purple plans' because purple is the color you get when you mix blue and red, the colors associated with our traditional parties".
There are plans for taxes, health, Social Security, financials, generational balance, and energy. The format is a main intro, then each plan has it's own intro, then one-liners for more detail so it is a reasonably quick read of the concepts.
I always grouse that politicians on both sides of the aisle are too busy sniping at each other and making mounds out of molehills instead of coming up with a plan of what they would do if they were elected or re-elected (I mean something sensible and thought-out).
Whenever a major change to a system is bandied about, I always wonder about how the transition would work, and if some people like us (savers, LBYM, investors) will be um, screwed, in the transition, for the greater good of the rest.
But, at least here is a plan.
I am posting this for your reading pleasure, and my posting of this should not be construed as support or non-support for any of the plans herein.
The Purple Plans | The Purple Plans
Edit: I forgot to add that Kotlikoff's XXX trillions of $ future liabilities does not specify the time interval into the future, unless I missed it somewhere. In previous writings he did with Scott Burns, I think he used 75 years on. Would be nice if he would have stated the parameters.
There are plans for taxes, health, Social Security, financials, generational balance, and energy. The format is a main intro, then each plan has it's own intro, then one-liners for more detail so it is a reasonably quick read of the concepts.
I always grouse that politicians on both sides of the aisle are too busy sniping at each other and making mounds out of molehills instead of coming up with a plan of what they would do if they were elected or re-elected (I mean something sensible and thought-out).
Whenever a major change to a system is bandied about, I always wonder about how the transition would work, and if some people like us (savers, LBYM, investors) will be um, screwed, in the transition, for the greater good of the rest.
But, at least here is a plan.
I am posting this for your reading pleasure, and my posting of this should not be construed as support or non-support for any of the plans herein.
The Purple Plans | The Purple Plans
Edit: I forgot to add that Kotlikoff's XXX trillions of $ future liabilities does not specify the time interval into the future, unless I missed it somewhere. In previous writings he did with Scott Burns, I think he used 75 years on. Would be nice if he would have stated the parameters.
Last edited: