Wednesday, December 18, 2013

Progressives on Social Security

There are so many holes in this testimony about Social Security it is hard to know where to poke. GW Bush wanted to reform SS by creating private accounts, but the "progressives" screamed.  It would have meant we actually owned and controlled and passed along our investment--taking it out of government hands, an anathema to the left.

http://www.cepr.net/index.php/publications/testimony/testimony-on-the-importance-of-social-security-for-sustaining-living-standards-in-retirement

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