June 23, 2005

Private Accounts+Blowing Up The Deficit (even more) =


A really, really bad idea.

But, as I mentioned a few days go, that is exactly what Republicans want to do. With the coaching of Steve Moore, Bill Thomas (R-CA) and Jim McCrery (R-LA) are getting ready to try and use the social security trust fund to create private accounts.

On a positive note, their proposal will highlight the fact that the trust fund has been shamelessly raided in recent years.


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