Category: Social Security

The Washington Post spells it out — Bush’s Social Security proposal from last night’s press conference is designed to curtail Social Security for all but the poor. On the surface, a Democrat like me might look at this new proposal and say: what gives? The President’s actually looking out for the poor over the rich.…

[I realize I have willfully ignored nuances by the dozen to simplify the point. But I have decided to overlook all that.] We could have a stock market, and it could be basically a free-market. People would buy stocks when they thought the economic value was worth the price. But, free-markets will never satisfy the…