One more time, so you can't say you weren't told
Mr. Krugman goes over the numbers for the Social Security privatization paradox again:
They can rescue their happy vision for stock returns by claiming that the Social Security actuaries are vastly underestimating future economic growth. But in that case, we don't need to worry about Social Security's future: if the economy grows fast enough to generate a rate of return that makes privatization work, it will also yield a bonanza of payroll tax revenue that will keep the current system sound for generations to come.
Now, I know the right would like to dismantle social security and all other social support plans, and you know it, but we also know that this is not a serious, practical run at the job, just a bright flag waving in the prevailing wind, distracting us from real foreign policy failures, and from myriad domestic activities designed to undermine the power of the people. The administration waves the banner of the moral big brother, saying that as long as you're after money in a nice suit, anything goes, but you can forget any freedoms that lead to independence of thought, independence of vote, independence from monopolies, independence from parasitical organizations such as private insurance agencies, and any other type of independence that will remove you from their power.
Don't think your own.
Don't read your own.
Don't grow your own.
Don't brew your own.
Don't own your own.
You belong to the machine, and when you're broken, the machine will discard you.
If the right has its way, we'll need to dig up Upton Sinclair and start raking serious muck. Because serious muck is what our greedier, shallower compatriots are making for us to live in.
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