The Right Coast

June 20, 2005
Social security lockbox for you and me
By Tom Smith

Gail's friend John Fund touts what actually seems like a good idea: putting the payroll tax surplus into personal social security lockboxes so Congress couldn't spend them on the usual pork-for-pals. A little chip of ownership, and restrainst on spending at the same time. Krugman better get busy making up some new numbers on this one. I asked my personal expert on Social Security what she thinks, but she's against it.