Followers

Wednesday, March 9, 2011

Disproving the notion of a Social Security trust fund 'lockbox'

The "lockbox," you may recall, was the concept presidential candidate Al Gore used during the 2000 election to signify his devotion to the security of Social Security. The principle supposedly was to sequester the program's annual surplus, which was then running about $150 billion a year, so that it couldn't be frittered away on irresponsible government spending.

After the election, the lockbox disapp...

No comments:

Post a Comment