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Politics : Sioux Nation
DJT 11.50+2.8%Dec 3 3:59 PM EST

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To: DavesM who wrote (16708)5/11/2005 10:16:21 PM
From: CalculatedRisk  Read Replies (2) of 361375
 
Nah. It is not close to the Clinton plan.

"There's Privatization, and then There's Privatization..."
delong.typepad.com

Remember Dr. DeLong was part of the Clinton administration so I suspect he knows!

Also, you keep suggesting that something happens when "there will be NO Social Security surplus to reduce Official Federal Deficit numbers". This is a fallacy.

If you want to tackle the problem, in your mind pretend SS and medicare don't exist. ALSO eliminate the payroll taxes that falls mostly on low and middle income Americans. Now you have a $650 Billion per year deficit. What do you do?

Fix that first. Then we can talk about Medicare and SS.
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