Supporting Clinton's plan (Re: Milton F. on SS privatization
Carl Remick
cremick at rlmnet.com
Wed Jan 27 09:28:02 PST 1999
Re Nathan's: "The USA account is not perfect but it is a radical
improvement over IRAs for
helping working class folks save for retirement. Social Security is not
enough for most people, so supplementary pensions are needed. "
But the USA account is still a defined *contribution* rather than a
defined *benefit* plan, no? IMO, anything that doesn't conform to the
idea of defined benefits doesn't deliver real security and isn't
progressive.
Carl Remick
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