The View From 1776

Tuesday, June 24, 2008

Social Security Sham

Senator Obama hasn’t calculated whether his proposed higher taxes will cure the Social Security shortfall.  He’s interested only in socialistic redistribution of income and, incidentally, punishing “the rich.”

Read Obama’s Social Security Fine Print.

Quote:

Would it help Social Security’s financing problems? Mr. Obama has no idea. One of his senior economic advisers admitted to me that no one on the campaign has run any detailed models or performed any rigorous analysis.