Privatization Fix for Social Security Is Worse than Doing Nothing

[REACTIVATED IN CT]

Excerpt: "In December 2001, a Bush Administration commission introduced three possible plans for privatizing the existing federal Old Age, Survivors, and Disability Insurance (OASDI) program, commonly referred to as Social Security. Plan 2 is the model that Bush Administration officials have consistently favored in public discussions. Contrary to administration rhetoric that action taken now will protect younger workers when they retire, Plan 2 would leave younger workers worse off than if ...." (The Economic Policy Institute)

http://www.epinet.org/content.cfm/webfeatures_snapshots_20050126

[papau]

1. I find it hard to understand why the media permits Bush to pretend

private accounts are part of the solution.

[REACTIVATED IN CT]

2. Because we no longer have a free press in this country