THERE are three arguments being made in favor of privatizing part of
Social Security. First, the Social Security Trust Fund needs money and
privatization will, in the long run, increase the amount of money
available to retirees. Second, privatization will give people choice,
and choice is good. And third, "it's your money," and you ought to be
able to do with it as you wish.

Each of these arguments is dubious, or disingenuous, or both.

More...

http://www.nytimes.com/2005/01/05/opinion/05schwartz.html?ex=1262667600&en=65b62ee1495f16e8&ei=5090&partner=rssuserland
http://tinyurl.com/5ayyx
http://bugmenot.com/

Gary D.
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