Endless Curiosity

February 16, 2009

Be Afraid, Be Very Afraid

Filed under: Economics — Alec @ 5:00 pm

Word has it that Obama is going to set up a task force to “reform” Social Security. I hope not. Any “reform” is likely to play into Republican hands, and Republicans have never hidden their desire to kill Social Security.

Considering that with the current financial crisis millions of Americans will be relying on Social Security as their main source of income when they retire, any “reform” sounds ominous. Be afraid. Be Very Afraid.

Ok, you don’t believe me. No reason why you should. But at least read Dean Baker’s “The Economists Who Missed the Housing Bubble Are Coming After Your Social Security“.

Then if that’s not enough, try William Greider’s “Obama Will Fight with Us to Quash the Campaign to Loot Social Security — Right?

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