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Old 06-25-2008, 08:48 PM
 
7,528 posts, read 11,361,486 times
Reputation: 3652

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Here's the view of some economist on Obama's social security reform:

Quote:
A key question that the Obama campaign hasn't yet answered is whether higher earners under his plan would collect more in Social Security benefits than under current law, to reflect the additional payroll taxes paid.

Many economists argue that if the earnings cap is lifted, it would be unseemly to pay benefits according to the current formula to wealthy CEOs who don't need to rely on Social Security for financial support in retirement...

Obama's Social Security Plan Draws Critics, Even Some Dems

Last edited by Motion; 06-25-2008 at 09:41 PM..
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Old 06-25-2008, 08:59 PM
 
7,528 posts, read 11,361,486 times
Reputation: 3652
Ironiclly doesn't Obama's plan end up benefiting the rich in the "long run"?
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Old 06-25-2008, 09:25 PM
 
454 posts, read 748,791 times
Reputation: 102
Can you post the whole article? I don't have a subscription to WSJ.

Thanks.
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Old 06-25-2008, 09:42 PM
 
7,528 posts, read 11,361,486 times
Reputation: 3652
Try it again. I found a new link.
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Old 06-25-2008, 09:52 PM
 
454 posts, read 748,791 times
Reputation: 102
Thank you.
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Old 06-25-2008, 09:59 PM
 
Location: Arizona
5,407 posts, read 7,793,617 times
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Gee and how about McCain's position?

Guess it depends on which flip or flop you want to discuss.

Yes we must privatize/no we cannot privatize.

SQUAWK!
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Old 06-25-2008, 10:40 PM
 
Location: Raleigh, NC
9,059 posts, read 12,968,882 times
Reputation: 1401
Quote:
Originally Posted by bily4 View Post
Gee and how about McCain's position?

Guess it depends on which flip or flop you want to discuss.

Yes we must privatize/no we cannot privatize.

SQUAWK!
At least McCain keeps you on your toes

You never know what he'll do next.

Isn't that how insane people operate?
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