"Clinton Leads Toward a Plan to Invest Some Soc. Sec. Taxes in Ma rket"

[Max Sawicky]

> "Organized labor and many liberal Democrats favor government investment
> because the proceeds could be used to bolster the current system of
> guaranteed payments.  However, critics argue that the government would

The WSJ is inaccurate here.  "Organized labor" has taken no formal
position on the stock purchase, and in fact many AFL affiliates oppose it.
All of labor is opposed to the individual accounts, a different matter.

mbs