Social Security
Two different views on Greenspan’s recommendation the other day that Social Security needs to be trimmed:
Paul Krugman – Krugman is very much on the left, and he’s sometimes on shaky ground when talking pure politics. But he’s an economist, and usually makes good arguments on economic issues. I think this is one of the best columns he’s written in a while.
Bruce Bartlett [article no longer online] – I’m not as familiar with him, but I think his argument represents a fairly typical Republican stance on this issue. But his case is not as well-informed as Krugman’s. I did like this bit at the end of his column though: “According to internal administration memoranda just released by journalist Ron Suskind, author of a recent book about former Treasury Secretary Paul O’Neill, there is serious question as to whether Bush really understands what he has proposed [private savings accounts] or could defend it effectively in a debate.”
