The Trust Fund Lives

John K. Taber jktaber at
Fri Jul 31 15:56:57 PDT 1998

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, You will be pleased at its leit-motiv of "worthless IOUs".

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