Fact Checking Social Security Abolition

Posted on December 10, 2004 by bfiachadthompson

 Fact Checking Social Security Abolition



Following up from eariler this week, Kevin Drum fact checks privatization abolition schemes other countries have tried with Social Security-like programs.



The results…. not so good.

[Update:  Josh Marshall is right. 
We're not discussing “privatizing” anything, we're disussing scrapping
Social Security and replacing it with a system of loosely-regulated
401(K) plans.  We should be careful to frame the debate in those
terms.]

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