Re: [Pen-l] Social Security as Ponzi scheme

[Marv Gandall]

On 2010-08-15, at 7:35 PM, Carrol Cox wrote:
> 
> The technical matters being discussed in this thread have no relation
> whatever to any reality. The only reality concerns political tactics by
> which people can defend social security.
> 
> It is a question of politics (non-electoral politics) not of economics.
=========================
Unfortunately from your persective, those who will take an interest in the 
bipartisan deliberations regarding higher payroll taxes, raising the retirement 
age, private accounts and other measures designed to weaken the program - from 
those who have not yet made up their minds to the most active opponents of 
proposed rollbacks already in the streets - will want and need  information 
countering the steady drumbeat of propaganda being directed at them about the 
looming bankruptcy of the fund. "Don't concern yourselves with these petty 
accounting details" won't cut it, I'm afraid.
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