More Social Security Follies - New York Times: "Editorial
More Social Security Follies
Published: July 18, 2005
Of all the participants in the strange Kabuki dance that passes for a Social Security debate, the one who might have had the best chance to do some actual good was Representative Bill Thomas, the Republican chairman of the Ways and Means Committee. Last May, Mr. Thomas held a hearing on ways to boost retirement savings, and some of the ideas put forth - such as matching funds rather than tax deductions for I.R.A.'s - could increase retirement security, if they were combined with prudent measures to ensure the solvency of Social Security. But now, under pressure from Republican leaders, Mr. Thomas is being drawn into the White House's single-minded drive for a privatization scheme the public doesn't want and the nation can't afford."
No comments:
Post a Comment