Matt Martin wrote a great piece in the Stanford Review on the Ownership Society. It included this gem:
"Similarly, privatizing social security would create more competition for individuals' retirement accounts and thus drive investment companies to lower fees and increase returns. New competition forces the government to be more responsible with social security tax revenue and to no longer use surpluses from the deceivingly named Social Security Trust Fund to cover their deficits. What a novel idea! Social security taxes being used to finance social security programs. Who’d have thought it?! The end result would be better retirement options and more wealth for all Americans."
Posted by Chris Schrimpf
Comments
Social Security Equity Funds EQUAL More Big Government Control and Corruption.
S4 Sucks.
