opposing voluntary private investment accounts and opposing raising the retirement age are dangerously irresponsible positions
Don't we already have voluntary private investment accounts, and they're called IRAs and 401Ks? I don't really believe Obama opposes those, so I have to assume that's actually shorthand for "getting rid of Social Security benefits and replacing them with voluntary private investment accounts." I don't think that's dangerously irresponsible to oppose unless you think having lots of poverty stricken elderly in 30 years because people screwed up their investment decisions is a good result. I'll give you that the retirement age should be raised.
Budget Deficit And yet, every analysis I've seen says that McCain's proposed plans will leave us with a larger budget deficit than Obama's, since he's slashing revenue even faster than he's not-increasing-spending-as-much.
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winterfish
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Date: 2008-09-12 08:50 pm (UTC)Don't we already have voluntary private investment accounts, and they're called IRAs and 401Ks? I don't really believe Obama opposes those, so I have to assume that's actually shorthand for "getting rid of Social Security benefits and replacing them with voluntary private investment accounts." I don't think that's dangerously irresponsible to oppose unless you think having lots of poverty stricken elderly in 30 years because people screwed up their investment decisions is a good result. I'll give you that the retirement age should be raised.
Budget Deficit And yet, every analysis I've seen says that McCain's proposed plans will leave us with a larger budget deficit than Obama's, since he's slashing revenue even faster than he's not-increasing-spending-as-much.