Thanks to Toucher and crew for their mention of the website. I couldn't have hoped for a better endorsement.
In mentioning my article on Social Security, Toucher misses the point. The Bush administration is arguing that Social Security is insolvent now. As mentioned before, it won't become insolvent until 2053. Even then, it can be fixed with minor repairs. As Princeton Economist Paul Krugman argues:
[E]xtending the life of the trust fund into the 22nd century, with no change in benefits, would require additional revenues equal to only 0.54 percent of G.D.P. That's less than 3 percent of federal spending - less than we're currently spending in Iraq. And it's only about one-quarter of the revenue lost each year because of President Bush's tax cuts.
Regardless, of the problems facing Social Security, the LA Times' Michael Kinsley has proven that Bush's privatization plan will not work.
