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Questions on Social Security

Rich Lowry has some questions for the AARP on their campaign to scare seniors into opposing Bush's Social Security reform. I'd like to know the answers to some of these myself.



  • Since Bush has said that any proposal won't affect anyone 55 years of age or older, what possible reason -- other than sheer ideological hostility -- do you have to oppose reforming the system?

  • Your group's advocacy suggests that reform puts at risk the benefits of current Social Security recipients, even though cutting those benefits is off the table. Are you routinely so dishonest, or is this a special case?

  • In 1950, 16 workers supported each retiree. By 2040, there will only be two workers per retiree. Does it occur to you that that is very bad news for workers? Or is your ultimate ambition to have each retiree supported by his own individual worker? Perhaps this worker can be made to fan his designated retiree with a palm frond and deliver him fruity drinks poolside?

  • The current system is already a bad deal for young people. Any tax increases or benefit reductions will make it worse over time. Do you realize that your members have grandchildren? Or do you believe the financial futures of those grandkids just don't matter much to your members?

  • What is your favorite feature of the payroll tax that funds Social Security and that some fellow opponents of Bush's proposal advocate increasing to fund the program's obligations: (a) that it is regressive, disproportionately falling on low-income workers; (b) that it was already drastically increased in the 1980s, so it is supposedly ripe for another drastic increase; or (c) that it acts as a job-killing tax on employment?

  • If you like old people so much, why do you try so hard to scare them? Or does AARP market research show that the elderly enjoy being frightened?

  • Your group has suggested that investing in the stock market is much too complicated and risky for anyone attempting to build assets for retirement. Do all your officials therefore eschew investing their own money in the market? If so, what is their preferred investment vehicle (and please don't say stuffing cash under a mattress)?


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