Friday, April 29, 2005
Retirement Welfare
Apparently, I wasn’t the only one who was struggling to figure out what exactly Mr. Bush was proposing for Social Security last night. Sounded to me like was proposing a shift back to the thing being a welfare program, while at the same time trying to promise that it was all the retirement savings that lower income people would need. Seems like a tall order to me. I don’t know that I’m thrilled with the idea of making up the shortfall the way he wants to, either. This would be a lot easier to puzzle out with an actual, you know, proposal, rather than just a set of broad principles. But something’s telling me it isn’t going to sit as well with me as I had hoped.

