You can’t just tinker with Social Security. It’s broke. There is no “trust fund.” Jacob Sullum of Reason magazine has an admirable piece on the truth about Social Security. (More analysis available at www.socialsecurity.org.)
Get the Flash Player to see this rotator.
{ 5 comments }
Brian Radzinsky 12.11.04 at 10:04 pm
Oh and for anyone who points to the system of private pension funds in Argentina for an excuse that privitisation is doomed to fail (actually participation in the IMF, a failing undiverse economy and other things contributed to the fall of that nation) forget about Chile and their booming system. It’s not perfect, but it’s also not broke.
Anonymous 12.14.04 at 8:27 pm
Someone tell
this guy.
Anonymous 12.14.04 at 8:27 pm
Someone tell this guy:
http://leiterreports.typepad.c.....ati_1.html
Tom G. Palmer 12.15.04 at 2:02 am
Of course, the present value of the current debt of the Social Security system is a mere $11.9 trillion. That’s all. And the Social Security Administration has for years openly admitted that only a fraction of currently promised benefits can be paid. For more data and analysis, visit: http://www.socialsecurity.org/.....l_security’s_financial_crisis
Henri Hein 12.17.04 at 2:30 am
I read the Leiter page posted by anonymous, as well as the original Nation article, and sent him (Leiter) an email. My correspondence can be viewed here:
http://www.granitetower.net/leiter.html
I didn’t receive a reply, but if and as I do, I’ll update the page. (To the extent email etiquette allows, of course)
Comments on this entry are closed.