On Feb 25, 2009, at 12:17 PM, Louis Proyect wrote:
Max Sawicky wrote:
The Bush description is an IRA, albeit under a very different
arrangement. What was different is that Bush yoked this proposal
to a
gutting of social insurance, rather than an augmentation of it as per
Ghilarducci.
I don't get it. Why would the SS program need augmentation? Its the
funds in the program that need "augmentation", no? I mean, do we
augment the theory of evolution by offering an Intelligent Design
alternative? ;-)
If the government continues (forever) to make payments to those who
qualify at current rates (adjusted for inflation), then is there a
need for another program? If the government cannot make these SS
payments, then it needs to raise taxes.
--ravi
--
Support something better than yourself ;-)
PeTA => http://peta.org/
Greenpeace => http://greenpeace.org/
If you have nothing better to read: http://platosbeard.org/
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