Private Social Security Investment Accounts: A Dangerous Idea
Right, and Ted Kennedy is my next - door neighbor. Now that the Iraqis have had a real election, fortunes will turn more toward the current domestic agenda item, Social Security reform and private Social Security Investment Accounts. Now, the Progressive - Liberal pundits are using the same scare tactics today with this that they use every time some institution is ready to be changed from the status quo - first, you scare the pants off the average American, who knows very little about economics; next, you make the old people think that it will bankrupt the system and they won't get their check anymore, etc. etc. -- ad nauseum . The fact of the matter is, there are a lot of ways to skin an economic cat, and the people who understand packaging and marketing have the secret. If somebody shoves something down your economic throat, no matter how good it is for you, most people will balk and resist. It's human nature. But if you package it attractively, and take the middle ground, ...