Soft privatization

John K. Taber jktaber at
Thu Jul 30 16:51:15 PDT 1998

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

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

I prefer the former.

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