Thursday, December 29, 2011
"Perry Is Right—There Is a Texas Model for Fixing Social Security" - WSJ.com
So, we live in a country where there is a proven (30 years) solution to the problem of funding retirement.
And our elected officials (read we) are too stupid to even consider it.
What does that say about our intelligence?...
And our elected officials (read we) are too stupid to even consider it.
What does that say about our intelligence?...
Merrill Matthews wrote about it a while back in the Wall Street Journal. Nothing has changed:
"To highlight the problems facing Social Security, Texas Gov. and Republican presidential hopeful Rick Perry is pointing to three Texas counties that decades ago opted out of Social Security by creating personal retirement accounts. Now, 30 years on, county workers in those three jurisdictions retire with more money and have better death and disability supplemental benefits. And those three counties—unlike almost all others in the United States—face no long-term unfunded pension liabilities."
