A Tale of Four Countries- Part 2: Chile and Social Security Reform

By: davenj1 (Diary)  |  July 24th at 09:11 AM  | 

One of the biggest programs enacted under Roosevelt’s New Deal was Social Security. Since then, the system has been sacrosanct in American politics. However, Social Security as the be-all-end-all of retirement security was never the goal nor the intentions of Roosevelt. When enacted in 1935, there were about 44 working age Americans for every retiree. At that time, more than 50% of seniors were living | Read More »

For Romney to Win: Part 4 (Entitlements)

By: davenj1 (Diary)  |  May 2nd at 07:52 AM  | 

Entitlement reform will be the main prong in the Democratic attack on Romney and Republicans this year. Whenever the subject of Social Security reform is mentioned, I am always struck by these words: “We shall make the most orderly progress is we look upon Social Security as a development toward a goal rather than a finished product. We shall make the most lasting progress is | Read More »