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An Argument for Reconsidering Social Security’s Financial Management - vindy.com
Conservative political activist Star Parker, in a post yesterday on vindy.com, takes aim at the status quo aspect of Social Security trust fund financing. In developing a pro-privatization scenario, Ms. Parker frames her viewpoint with this analysis: “Let’s use some simple logic here. Anyone who is negative about the long-term returns on stocks is negative about the long-term growth of the U.S. economy. And anyone that’s negative about the long-term growth of the U.S. economy should understand that there will be few economic resources for the government to tax.” Thought-provoking (and maybe argument-provoking) indeed, but nevertheless a viewpoint that needs to be on the table for discussion as Congress pursues a solution to Social Security’s financial predicament. Read her post here…