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a Better Fix Than Privatizing Social Security
Edith U. Fierst via The Christian Science MonitorLink to more items from this source
[Opinion]
Dec. 1, 2004
Excerpt: The president's determination to partially privatize Social Security stems from ideological reasons. But in fact the projected Social Security deficit is small enough - 1.89 percent of payroll, under the Social Security trustees' intermediate assumptions (neither optimistic nor pessimistic) - that a major revision to the system is not necessary. The deficit can be remedied with a few discrete changes in the program, all of which are surprisingly easy to understand and accept.

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