Tuesday, March 08, 2005

How To Reform Social Security

There have been a few ideas made public by our lawmakers on methods to secure the future of Social Security. The merits and faults of these ideas were debated today. Senator Chuck Hagel supports voluntary private accounts.

The following is an article Noble Doctrine found to be honest, and looking out for us. The article is for private accounts. Written by Michael Tanner at the Cato Institute; http://www.socialsecurity.org/pubs/articles/tanner-050120.html

Whatever the final outcome to reform social security, increasing the payments to the government by any worker, wealthy or poor does not seem to be viable. There is a post being prepared, soon to be published, arguing against the tax increase proposal as the answer for Soc. Sec. solvency.

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