tag:blogger.com,1999:blog-7336587136525518870.post4771665234320117030..comments2023-10-06T11:20:05.393-05:00Comments on The Thorn Bu$h: IF IT AIN’T BROKE, WHY DO *THEY* WANT TO FIX IT? (OR GET RID OF IT)cherosehttp://www.blogger.com/profile/10761310460153514088noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7336587136525518870.post-48279669987632577972011-08-12T09:18:37.831-05:002011-08-12T09:18:37.831-05:00A couple of points about SS and privatization. Fir...A couple of points about SS and privatization. First, SS was not intended to be a pension. It is social safety net insurance. It was conceived, in the response to the Great Depression, to provide minimal old age protections against the vagaries of capitalism, private markets, and individual financial misfortune. Second, how many more lives would have been even more devastated had SS accounts been invested in the market in 2008?the sad red earthhttps://www.blogger.com/profile/03274385814146546329noreply@blogger.com