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Quotes - Dubya the Economist (2005)
(Dubya's grasp of economics on full display)
Now, if you're a worker who earns 35 dollars a year over your lifetime, and this system were in effect where you could put 4 percent of your payroll taxes in a personal account, and you started at age 20, by the time you retired, your personal account would grow to 250,000 dollars. That's compounding rate of interest.
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