UNDERNEWS: Ryan's Social Security plan would have been a disaster

October 22, 2015

Ryan's Social Security plan would have been a disaster

Washington Post - Ryan sponsored legislation in 2005 that would have partially privatized Social Security, allowing Americans to invest some of their payroll taxes in mutual funds and other securities instead of paying into the program's trust fund.

Four years after Ryan proposed this, the Dow Jones market had declined 54% since its high in 2007 - TPR

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ABOUT THE EDITOR

The Review is edited by Sam Smith, who covered Washington under nine presidents, has edited the Progressive Review and its predecessors since 1964, wrote four books, been published in five anthologies, helped to start five organizations (including the DC Humanities Council and the DC Statehood Party), was a plaintiff in three successful class action suits, served as a Coast Guard officer, and played in jazz bands for four decades.

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Sam's a cynical cat -- Marion Barry

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