I just finished reading Al Levit's article on Social Security at ">http://www.fool.com/Features/1998/sp981019SocialSecurity.htm.rustedSoul Date: 3/11/99 9:55 AM Number: 9061 I find it hypocritical for the Fool on the one hand to encourage personal saving and investing. Yet on the other hand, it is supporting proposals that are the antithesis of saving/investing for this so-called retirement system.Al seems to be proposing a gradual transition to a system of personal investments plus a low level welfare benefit. Sound Foolish to me.
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