Wednesday, December 15, 2004

Social Security

I haven't written a lot about this because there are other bloggers who are far more expert than I am and have written a great deal on the subject (Kevin Drum, Brad DeLong, etc.). But one argument against it that I see them missing is this: what will happen when there's another stock market crash and people lose their retirement "savings?" My guess is that to avoid blood in the streets, the government would be forced to make up the losses or at least a good percentage of them from the general fund. So why in the hell privitize anyway?

All this is just another tiresome Repug scheme to put more money into the pockets of rich bastards. Oppose, oppose, oppose.

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