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Author: aq67sceb One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75384  
Subject: Re: Social Security Article Date: 3/11/1999 10:52 AM
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I just finished reading Al Levit's article on Social Security at http://www.fool.com/Features/1998/sp981019SocialSecurity.htm.

WilliamLipp said:
Al seems to be proposing a gradual transition to a system of personal investments plus a low level welfare benefit. Sound Foolish to me.

Except for the part about discouraging personal investments in the short term by taking away the benefits of those who were Foolish and invested for themselves.

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