Soft privatization

[John K. Taber]

Seth Ackerman wrote:
> 
> Do I gather that Doug and some others see equity purchases by the trust
> fund as unacceptable? True, there's no urgent need for reform. But isn't
> that a more palatable one than tax increases/benefit cuts?
> 
> seth ackerman
> FAIR

Perhaps not. It moves Social Security away from a broad based social
insurance system to a pre-funded pension system. 

I prefer the former.