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More Social Security wisdom

This time from Pete du Pont:


Harold Meyerson of The American Prospect says that "Social Security is not facing a financial crisis at all"; it just needs "to increase its revenue and diminish its benefits." So higher taxes and lower benefits are superior to personal ownership of retirement assets? And a government promise to pay you with money it doesn't have is better than allowing you to have assets under your own control? Neither makes any sense.

Read the whole thing.