Re: RE: Krugman Watch: social security again

2000-08-02 Thread Jim Devine
Max wrote: >There is NO regard of the fact that diverting the 2% from the trust fund >(known as a 'carve-out') makes the bankruptcy 'problem' much worse, much >sooner, and does nothing for the ROR within SocSec. So PK is right, there >is no plan. It's nice to see MF go >on the record to that

RE: Krugman Watch: social security again

2000-08-02 Thread Max Sawicky
. . . PK goes on to critique the Feldstein/Samwick paper. I think he's totally right here: the F/S paper has the Bush-like plan running down the social security trust fund much faster than is currently expected. But then the benefits of the plan -- which are based on a theory that's very simil

Krugman Watch: social security again

2000-08-02 Thread Jim Devine
>August 2, 2000 / New York TIMES RECKONINGS / By PAUL KRUGMAN Man Without a Plan >Sometimes you just have to concede defeat. I read the Republican platform carefully, hoping to find some substance -- say, in the section on retirement security. But there is no there there. >So I turned ins