Faith, Beer, and Other Things That Interest Geoff

Russert badgered McConnell a bit on how personal accounts address the solvency problem of Social Security. He should have said something like, “Whatever we do to address the solvency problem--whether raise taxes or restrain benefits--makes Social Security an even worse deal for young workers. Personal accounts, with their higher rate of return, are a way to sweeten whatever deal we make for young people.”