Tuesday, January 18, 2005
Don't believe the hype.
GWB has been flying around promoting this newfangled plan for social security telling us 30 ish types that the well will be dry by the time we come of age in 30 plus years.
The New York Times has an article by columnist Roger Lowenstein why that may not necessarily be the case. Seems econimists since the New Deal have been predicting a crash in the system but keep having to push the date back.
Beware, it is nine pages, but quite interesting reading.
Check it here
The New York Times has an article by columnist Roger Lowenstein why that may not necessarily be the case. Seems econimists since the New Deal have been predicting a crash in the system but keep having to push the date back.
Beware, it is nine pages, but quite interesting reading.
Check it here