"jim rozen" wrote in message
...
In article ,
Jeffrey
McCann says...

Which raises the inevitable question: why aren't Social Security funds
managed for market-rate returns already?

Don't get it, do you? There's nothing to manage, no money is
being saved. It's an entitlement program, nothing more than
welfare for old folks. All the money that comes in, goes
right out again.

No, Jeff is right, or he would be, if there was a legal option to investing
the SS surplus (there almost always is one) in other securities. What that
would have done to the markets is anybody's guess. That's a whole lot of
market interference.


That's the idea that sticks so hard in the neocon craw - SS
takes their money and gives it to other folks.

Well, that part probably is accurate. d8-)

--
Ed Huntress