Monday, December 01, 2003

SOCIAL SECURITY REFORM IS PROBABLE NEXT YEAR

Assume the following:

1. The economy continues to grow, and;

2. Iraq is more stable six months from now.

If both happen, the Bush administration will go for the biggie - a reform of Social Security. Bush has previously mentioned his idea that a portion of the SS tax should be placed into a self-directed investment account. It seems this idea is getting some traction behind-the-scenes in Washington.

If you read the links, you will discover the reform provides the largest benefits to the lowest income workers, so how will the Democrats complain? If they're fair and objective, they'll try to get on the bandwagon. If they try to stifle it, they will be crushed in November for trying to block the reform.


0 Comments:

Post a Comment

<< Home