The Trust Fund Lives

[John K. Taber]

Jordan Hayes wrote:
> 
> Max Sawicky wrote:
> 
> > The Trust Fund is an account.
> 
> Exactly as I said: it is a fiction.
> 
> Cheers,
> 
> /jordan

This is the sort of comment I argue with in usenet (soc.retirement
and once upon a time talk.politics.misc). It comes from the Cato
Institute so far as I can make out. I hate to re-argue it in this
list of all places. I need to save my breath for usenet.

Anyhow, Jordan, visit the Cato Institute's Social Security
Privatization web site, http://www.socialsecurity.org/
You will be pleased at its leit-motiv of "worthless IOUs".