No one in the history of the world has ever washed a rented car.
-Lawrence Summers (economist)
They say it's the same with all 2nd term presidents...instead of worrying about re-election, they worry about their place in the history books. So now that G-Dub has made it to the second level, everyone's wondering how he's going to spend the next 4 years (spending twice as much time in Crawford, maybe??).
Here's the New Yorker's (and James Surowiecki) opinion about how Bush may be planning a radical overhaul of America’s entire system of social insurance.
Overall, it sounds to me like Surowiecki doesn't think it's a good idea to go ahead and give people the added freedom with Social Security (he points to the people who had 401K's in Enron, Pets.com). But while it might not be good for the masses, there may be a pretty damn good chance that it will greatly benefit intelligent and informed citizens.
What has the return on Social Security been over the years...next to nothing, right? And if the stock market has suppossedly increased at a 10%/yr average...then 10% is a hell of a lot better than 0%. Yes there's added risk, but there's always going to be risk, so you might as well be in control...I think.
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