Thursday, April 28, 2005


Well, right out of the gate the media go-a-whoring.

Actually, Josh's criticism may (may not?) be too strong. I think he was actually talking in real terms. But, the important issue is that Bush, who is very critical of the rate of return on the Social Security program (conveniently ignoring the insurance benefits), is proposing to drastically reduce the rate of return by making middle and upper income people receive less in benefits per dollar in taxes paid.