Saturday, May 14, 2005

Rep. Robert Wexler on Social Security: The System is Sound, But Insolvent

Speaking of Rep. Robert Wexler, he seems to be of two minds about the soundness of the Social Security system.

From Rep. Wexler's website's Social Security page, paragraph one:
First, let me assure you that Social Security is a sound program.
From paragraph two:
Any attempt to create separate individual accounts for Social Security will only drain the current system, thereby bankrupting the system sooner than expected.
Note to Congressman Wexler: If a system is expected to become bankrupt, it is not sound.

Posted by Amy Ridenour at 10:41 PM

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