Jan 10, 2009

A Parting Shot

With Barack Obama's inauguration coming up in just a few days, the Bush Administration Treasury Department has just issued its sixth and final issue brief on Social Security "reform." Is anyone other than Andrew Biggs and me paying attention?

Forever is a long time, but I will say it nevertheless. Except as a gleam in the eye of the right wing, privatization is dead forever, but then I am not sure it was ever truly alive.

By the way, if you wonder what would have happened had George Bush gotten his way and Social Security had been partially privatized, take a look at what happened in Italy.

No comments: