Privatization Pep Rally

John K. Taber jktaber at
Thu Jul 30 16:27:40 PDT 1998

Charles Brown wrote:
> If optimism is at an all time high, couldn't
> that be used to counter the pessimistic
> scenario which is a basis for
> saying the Social Security sky is
> falling and we need to privatize it ?


One would think so, but the problem I have in arguments is that many of my respondents believe that Social Security is bankrupt and that the guvmint has stolen the trust funds. It's the "worthless IOU" idea, completely false, but it has a very strong grip on the public mind.

More information about the lbo-talk mailing list