Sunday, June 12, 2005
The Social Security Elephant
First of all, the figures used for the discussion of Social Security include forecasts for 2040 and beyond. Have you ever tried to keep to a budget? Ask any small business owner how far out she can project costs when revenues are uncertain. Look at all the corporate re-statements of earnings. Anything this government says about 2040 is a joke. Even allowing a generous margin for error, the scenarios used do not consider the economic turmoil that Peak Oil will bring us. Likewise, how economically devastating will another terror attack be? Cheney and others have said they are guaranteed to happen. Sounds like a terror threat to me alright.
The entire push for Social Security reform is a canard.