The Alternatives to Privatizing Social Security Are Worse - Part 2 (2005-03-07)

by David John Marotta

Those critical to privatizing social security rarely ever focus on the cost of the alternatives. That’s because the alternatives to privatization all have dire consequences. Last week we saw that neither raising taxes nor lowering benefits will solve the financial burden of fewer younger workers and longer living boomers. This week we will dispel the myth that allowing the government to invest in the markets would be anything but a disaster.

Read the complete column at
http://www.emarotta.com/article.php?ID=117