May 13, 2005

Why SocSec bamboozlement isn't working

This cleverly titled Business Week article, "I Want My Safety Net", goes a good long way towards explaining why the Bush SocSec plan isn't striking too many chords with people like me. Combine it with the news that UAL just dumped $10B worth of pension obligations onto the back of the already deficit-ridden Pension Benefits Guaranty Corporation and the idea of taking on risk in one's retirement planning has very little appeal.

Posted by Linkmeister at May 13, 2005 10:00 AM
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