Wednesday, January 05, 2005

Bullshit

This AP article was one of the better ones on SS until you got to the last line:

In each case, income from the worker's private account, funded with a portion of their Social Security tax, would be expected to at least make up the difference.


Not according to the chief Social Security actuary. Not according to the CBO study of "model 2" which appears to be the closest thing to the not-plan the president hasn't proposed.