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2000 Was a Good Year
November 04th 04:24:27 PM
We blogged earlier about how John McCain promised personal accounts during the 2000 campaign, he wasn't the only one, so did Democrat Joe Lieberman.
August 8, 2000
Press reports today indicate that Vice President Gore will select a supporter of personal retirement accounts as his running mate. Sen. Joseph Lieberman (D-CT), who reports say will be formally invited to join the ticket today, declared in a May 4, 1998 interview that, 'individual control of part of the retirement/Social Security funds has to happen.'
Lieberman is currently chairman of the centrist Democratic Leadership Council, whose 1996 ' New Progressive Declaration' on policy reform declared that 'We must... gradually convert Social Security from a transfer program to a new system of individual private savings supplemented by modest public pensions for the needy.'
In the 1998 interview, Lieberman said that 'if we can manage the transition, we have a chance to not only do something right, but to give people more confidence about what their retirement years will be like. Of course, it also dramatically increases our savings rate, which has to be good for our economy overall.'"
Posted by Chris Schrimpf
Comments
What has he done for me lately?
Posted by Adam Cahn on November 05th 02:04:15 AM
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