The Most Bassackwards Proposal I Have Ever Laid Eyes On

The proposal.

In its fiscal 2005 budget, the Bush administration proposes to encourage Americans to save more by creating two private savings accounts. These new entitlements may be worthwhile, but they are also expensive. Congress should not approve them unless the president also agrees to Social Security reform.

Yep, that’ll work.  Steal everyone’s money and then make them think, actually feel in this case, that you’re starting a savings account for them.  WTF!, over.

Via Billy Beck, and make sure you read what he has to say.

Posted by .(JavaScript must be enabled to view this email address) on 02/08 at 03:07 PM

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