Tuesday, December 07, 2004
I would love to hear what our in-house fiscal conservative and supporter of Social Security reform, , Rachit, thinks about this piece by Paul Krugman.
Let me make it clear - I do not accept wholly. I do see some holes in his argument. The fact that his arguments are totally based on the CBO report - and not on the SSA's assessment is, for starters, a problem. He says that the SSA's report was over-cautious. One man's over-caution is another man's realistic analysis. But, even if we assume that the true figures are somewhere between SSA's report and the CBO's report, where does the analysis lead us? And why is there such a difference between the assessments?
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