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Social Security Reform? Indeed! · Nov 12, 07:43 PM
This post by David Kurtz at TPM of course points to a true political fact: that gutting Social Security turned out to be a Republican initiative soundly rejected by the vast majority of Americans. But let’s not call what the Republicans were proposing “reform,” okay? The president wanted & still wants to do away with Social Security.
* * *
And why not do away with Social Security? For what workers pay for Social Security, they could purchase private disability insurance superior to Social Security AND save enough money to retire as a millionaire. With the FICA rate at 15.3%, Social Security provides no benefit, whatsoever.
— Bill Woessner 11/13/2006 10:28 AM #