Social Security Privatization
Paul Krugman on Inventing a Crisis:
But never mind: the same people who claim that Social Security isn't an independent entity when it runs surpluses also insist that late next decade, when the benefit payments start to exceed the payroll tax receipts, this will represent a crisis - you see, Social Security has its own dedicated financing, and therefore must stand on its own.
There's no honest way anyone can hold both these positions, but very little about the privatizers' position is honest. They come to bury Social Security, not to save it. They aren't sincerely concerned about the possibility that the system will someday fail; they're disturbed by the system's historic success.
As they say, read the whole article.
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This is the permanent home of Social Security Privatization. I wrote this post at 13:09 on December 7, 2004. This post is part of grubbykid.com, a weblog. If you liked this entry, why don't you read some other posts such as Skeletal Systems of Cartoon Characters or Google, Jews, and Jesus? Or you could go to the site archives or return home. All are good choices.
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Some descriptive tags for this entry are: BushCo socialsecurity politics.
Mommy... what's a tag?
Some descriptive tags for this entry are: BushCo, politics, socialsecurity.
Mommy... what's a tag?
