Tuesday, April 26, 2005

Social Security War Begins

The Senate Finance Committee begins work today on Social Security reform. Despite the questionable polling data, ranting editorials (forget the link, you know what I am talking about), and obstructing politicians (see Ben Chandler), the time to do the right thing has come.

Saving Social Security must include personal investment accounts. Otherwise we are just raising taxes or cutting benefits. We have already poured trillions into this rat hole. Let's at least look at ways to get better value. I haven't heard anything from the Democrats to lead me to believe that compromising on the accounts will do anything but make a flawed program worse.