Alan Greenspan, the Federal Reserve chairman, gave his blessing on Wednesday to the creation of individual investment accounts in Social Security but expressed unease that the change could lead to trillions of dollars in additional government borrowing in the next few decades.
Source: The New York Times > Business
In other words, nothing is solved. Bush's plan would, in my opinion, at some inevitable time in the future, create a huge number of Americans who have to drop dead at work--or go hungry...
“I remember, many, many years ago now, when my grandfather had this really cool thing called 'retirement'.”
“Really grandpaw? What's a 'retirement?'”
“The two of you shut up and get back to work!”
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