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Re: Re: Re: Re: Re: Re: US Consumer Confidence index surges



Rob wrote:
 if, as now, US  baby-boomer pension-investors have to cut consumption
because their eggs have fallen out of the NASDAQ basket and they only
have five years to prepare for their suddenly-not-so-golden years

this makes it sound as if we'll soon see a baby-boomer movement to strengthen & deepen the US social security system in its traditional form. Hey, we blew our savings by speculating, so Uncle Sam should help!


Jim Devine jdevine@xxxxxxx & http://bellarmine.lmu.edu/~jdevine




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