Wednesday, July 09, 2008 | 5:34 a.m.

Social Security Remains Star in the Gloom

by Froma Harrop

The stock market hasn't been this nasty since the 1970s. House prices continue their dive, and consumer confidence has gone splat. The rocketing federal budget deficit will probably orbit Mars by the time the government finishes cleaning up the mess left by the housing bubble it so blithely let fester.

Good job, fellas. The Bush administration doesn't have a heckuva lot of credibility left on economic matters. But some members think they have one little ideological game left to play. S ...

( Back to Article )

Join the Discussion

2 Comments | Post Comment
Posted by: Craig Davie
Comment: #1
Fri Mar 28, 2008 2:14 PM

It appears that the most dedicated 'planning' RE Social Security that is presently afoot is being done by the Wall Street Investment bankers trying to figure out how they can get their paws on the trillion-dollars (or so) trust fund... no doubt in order to assess a nice little management fee.

Posted by: robert j therriault
Comment: #2
Thu Mar 27, 2008 5:19 AM

Hi Froma I don't necessary wish to question the authority of Mr. Baker or your sole reliance on his judgement. However, I think there might possibly be equally credentialed Economists who might warn that waiting till the last minute to fix a problem that everyone agrees will need fixing by date X is not the best way to plan ahead. And Social Security is all about planning ahead.

Already have an account? Log in.
New Account  
Your Name:
Your E-mail:
Your Password:
Confirm Your Password:
Creators.com comments policy
 

Wednesday, July 09, 2008 | 5:34 a.m.
About Creators | Privacy Policy | Contact Us | Editor's login | FAQ
Copyright © 2006 Creators.com. All Rights Reserved.
Web Development by JJCO