Tuesday, February 22, 2005

Two Families, Two Views on Social Security

This article seems to clarify things without the extremes that many are saying about Bush's Social Security proposal.

As I said in a comment on that blog, Reality lies somewhere between the Greenans and the Swackhamers, and the solution also lies between the extremes. Right now the Democrats, who supported Clinton's claim that there was a crisis that needed to be fixed, now scream there is no crisis, because they want to delay things until they can get someone in the White House to push for a solution that only involves a tax increase (their solution to everything).

If Social Security is to be fixed the Republicans must draw enough Democrats over with the offer to raise the cap (which is a tax on the rich that would not hurt the middle and lower incomes), and at the same time direct 30% of SSI taxes to Private Accounts.

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