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Katherine C. Pearson, Editor, and a Member of the Law Professor Blogs Network on LexBlog.com

AARP Opposes DeMint-Santoro-Graham SS Reform Proposal

Aarp_1

If it looks like private accounts and acts like private accounts, it’s probably private accounts.

If you didn’t like the old private accounts idea, you won’t like the new private accounts based on the trusts funds either. Like before, these private accounts don’t address solvency–they increase the debt and pass the bill on to future generations. More debt means there will be less money to pay promised benefits.

Read the rest of the story.

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