Anderkoo

Hot off the Daily Kos : a Social Security calculator put out by the Senate Democrats (who seemed to have picked up some cojones at a yard sale or something recently). Obviously use it with a grain of salt; heck, read the fine print
with a grain of salt. I do like the Dems’ branding of the reduction in
SS contribution as the “privatization tax,” which isn’t quite accurate
but gets the point of course. Now, I’m sympathetic to the argument that
if the government can use my money more efficiently than it does now,
go right on ahead — if the government puts less money in my SS account
but, by putting it into a more efficient vehicle, I get the same amount
back, good on them.

I would also note that the calculator does not address the question of
where all the money is going to come from under the current plan. Even
if Bush is hyping the crisis, at some point there will be an imbalance
of income/outflow, and that has to be addressed somehow. I’d suggest starting with Bush’s tax cuts.