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Blog

    Jessica or Ashlee? I Want PRAs

    10/19/2006

    A new report by Allison Kasic at the Independent Women's Forum explains the Social Security crisis in stark terms that anyone, but especially those younger workers, can understand :

    You don’t need to know much about economics to see
    that the two options for bringing the system into balance—
    cutting benefits or raising taxes—are about equally undesirable.
    You might as well be choosing between a Jessica Simpson CD
    and an Ashlee Simpson CD: Either way you lose.

    She goes on to explain how personal retirement accounts are the only real way to guarantee future benefits to today's younger workers. Check out the full .pdf of the report.