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Social Security deserves calm debate.(Viewpoint)(Editorial)
Crain's New York Business, January, 2005 by Clowes, Mike
Byline: Mike Clowes Social Security reform will be a primary objective of the new Bush administration, with private accounts for younger workers being a key part of it. Already, a great deal of heat is being generated by a debate that has barely begun. The New York Times entered the fray recently with a remarkably unconvincing (for The Times) editorial on the issue.
Its main thrust: There is no problem with Social Security because the trust funds won't run dry for about 50 years, according to the Congressional Budget Office. Great, let's wait until the situation becomes a real emergency. A secondary thrust of The Times editorial was that the Bush administration is proclaiming a crisis to "privatize'' Social Security and destroy one of the great...
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