Saturday, April 02, 2005

Sen Graham offers Social Security Plan

Senator Lindsey O. Graham offers his plan to handle Social Security reform.

This article describes an interesting plan that, as they say, will make everyone angry. He appears to include the built in private accounts which is enough reason for Democrats to kill it quickly.

Then the rest of it seems to me to be overkill. It is still a lot more modification than the relatively modest apparent problem will require to resolve, and has an awful lot of Republican misunderstandings built into it. They've been listening to their own rhetoric, and need to get some real actuaries involved.

I predict that it goes nowhere this year.


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