Wednesday, March 02, 2005

Another great argument against private accounts

Of the Bush plan to establish individual Social Security accounts, a lawyer friend of mine complains: It's one more damned thing I'd have to manage. I've got enough to handle already.

Isn't that the real issue? Let's forget the funding problem. Or even the risk of ending up with a lower benefit for retirement. Under the Bush plan, we'd be partly responsible. We'd have to hatch our own nest eggs. It's one more job the Republicans would give to us.



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