Robin Hanson wrote:
> It also suggests that most people might stay with social security
> if it were made voluntary - at least for a while.
This is a really neat point, especially because I'm pretty sure it's
wrong. I can't imagine many people who are already comfortable with
personal investing sticking with SS. At least measured in dollars
rather than people, I'd expect more than 50% pullout from SS within a
year.
Hoping I get the chance to be proven right or wrong, but not holding my
breath...
--
Prof. Bryan Caplan [EMAIL PROTECTED]
http://www.gmu.edu/departments/economics/bcaplan
"We may be dissatisfied with television for two quite different
reasons: because our set does not work, or because we dislike
the program we are receiving. Similarly, we may be dissatisfied
with ourselves for two quite different reasons: because our body
does not work (bodily illness), or because we dislike our
conduct (mental illness)."
--Thomas Szasz, *The Untamed Tongue*
