The Nation - Selected Editorial

Max Sawicky sawicky at epinet.org
Mon Aug 10 07:55:01 PDT 1998



>
>Surprisingly good page one article in today's Wall Street Journal about the
UK's catastrophic experiment with privatizing public pensions, i.e.: "Financial Flop: Social Security Switch in UK Is Disastrous; A Caution to the U.S.?; Many Britons Suffer Losses on 'Personal Pensions'; Insurers Have To Pay Up; Tab May Reach $18 Billion."
>

There was also a good one in the Washingtin Post this past week-end. The UK system has already proved out as a major mess.

MBS



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