From Cato:
"In a speech last Friday delivered at a Federal Reserve Bank of Philadelphia conference, outgoing Fed Chairman Alan Greenspan made it clear in no uncertain terms that entitlement spending—particularly on Social Security and Medicare-must be brought under control as soon as possible. "In the end," he warned, "the consequences for the U.S. economy of doing nothing [about the programs] could be severe." As an editorial in the Wall Street Journal this week pointed out, "doing nothing" is exactly the course of action Congress seems to have decided on this year."
Posted by Chris Schrimpf
Comments
The consequences for the U.S. economy of enacting Socialist Insecurity Equity Funds would be far more severe than doing nothing
SS Equity Funds EQUAL Big Government Corruption!
S4 Sucks and Gives Change!
