COUNTDOWN TO REFORM: The Great Social Security Debate.

Washington Monthly | April 1, 1999| | Copyright

Giving Away the Farm

Why privatization won't solve Social Security's problems

SOCIAL SECURITY'S CRITICS MAKE MUCH OF the program's age. It is a relic of the New Deal, designed during a depressed era when people died younger, and trusted the market less, than they do today. And if you really want to make Social Security look dated, you point out that its basic blueprint comes from Otto yon Bismark. The implication of these historical references is perfectly clear: If we could reconstruct our retirement system from scratch, would it really be the same as the ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

For Wounded Soldiers, Prosthetic Help At Home
Transcript from: NPR Fresh Air ; ...felt it very important that the Department of Defense and the Department of Veterans Affairs invest a significant amount of money towards research for upper limb prosthetic development. DAVIES: You know, I've read that there's something called a C...
PROPOSALS FOR LONG-TERM FISCAL STABILITY:FRANK WOLF
Transcript from: Congressional Testimony ; ...America owes $184,000. The UnitedStates could soon lose its coveted AAA bond rating, making it even moredifficult to borrow money. The dollar appears to be losing its importantstatus as the primary international reserve currency, meaning everythingtraded...
INNOCENCE PROTECTION ACT:BARRY MATSON
Transcript from: Congressional Testimony ; ...shaking and sobbing listenedas Tracy pleaded for the family`s life and said that they had childrenin the house. Tracy offered money and property in an effort to have Calhounspare the lives of the family. Calhoun made it clear that he didn`t comefor property...
H1N1 AND PAID SICK DAYS:DESIREE ROSADO
Transcript from: Congressional Testimony ; ...make ends meet,but sometimes we have to borrow from the rent money we`ve put aside. Wehate to do that, but sometimes we have...earnpaid sick days - so we don`t have to borrow from our rent money and godeeper into debt every time our kids get sick. When I...
Pinheads & Patriots: Producers of "Gossip Girl," Carrie Prejean
Transcript from: The O'Reilly Factor (Fox News Network) ; ...t get much better than that. I mean, that is a great deal. I might even buy the book to get the tote bags. And all the money I get goes to charity.No mail tonight because of our loaded program. And we hope you enjoyed it. We'll get back to the...
GRASSLEY WORKS TO HAVE TREASURY SECRETARY REQUIRE TARP PARTICIPANTS TO REPORT ON USE OF FUNDS
Transcript from: Capitol Hill Press Releases ; ...recipients ofTARP dollars are using the money," Grassley said. "The fact that the...TARP dollars what they were doing withthe money. Grassley fought the Treasury Department...preventfraud, waste, and abuse of taxpayer money. During the course of that review,my...
MORE SPENDING, MORE DEBT MEANS LESS FOR TOMORROW BY U.S. SENATOR JON KYL
Transcript from: Capitol Hill Press Releases ; ...collected in taxes. The governmentdoesn't just print extra money to cover that shortfall. If it did, we wouldbe suffering rates...inflation beyond most of our imaginations. So ithas to borrow the money - from savers, investors, pension plans, and evenforeign...
WORD FROM THE WHITE HOUSE: CONTROLLING COSTS FOR FAMILIES, SMALL BUSINESSES, AND THE GOVERNMENT
Transcript from: Regulatory Intelligence Data ; ...integrated and coordinateddelivery system. o Tackling the insurance bureaucracy, streamlining the paymentsystem to save time and money that is now spent processing claims and navigatingthrough the byzantine insurance system. o Establishing a health insurance...
TREASURY DESIGNATES FINANCIAL NETWORK TIED TO THE RODRIGUEZ OREJUELA FAMILY AS SPECIALLY DESIGNATED NARCOTICS TRAFFICKERS
Transcript from: Regulatory Intelligence Data ; ...MariaAlexandra Rodriguez Mondragon, on charges of money laundering and actingas a front person...block assetsfrom their drug trafficking and money laundering activities in supportthe Government...for the Southern District of Floridaand money laundering charges in the U.S. District...
SEN. MITCH MCCONNELL, R-KY., SENATE MINORITY LEADER, SEN. MITCH MCCONNELL, R-KY., SENATE MINORITY LEADER, HOLDS A MEDIA AVAILABILITY AFTER CLOSED POLICY LUNCHEON
Transcript from: Washington Transcript Service ; ...s not insured and load them up in a system where costs areout of control, it's not going to happen. We will run out of money," saidPresident Obama, "the federal government will be bankrupt. State governmentswill be bankrupt." That was at the...

Find more facts and information related to the article "COUNTDOWN TO REFORM: The Great Social Security ..."