'Ello, kids! How's it going?
Not too much to report on today. Mandy "The Pea" Wilson has been feeling under the weather, so let's all wish her well. Jennifer Kraber and Kim Bloom have been absent from work, and I suppose that they may actually be sick as well, so let's go ahead and wish them a speedy recovery as well, just as a precautionary measure.
Does anyone besides me wonder what George W. Bush is up to on these attempts to reform social security? He must be getting kickbacks from some kind of Wall Street investment groups or something. Maybe he thinks that dumping all of that investment money into the markets is going to invigorate the U.S. economy (which it probably would, in the short run). Even if social security is broken (and I'm not at all sure it is- or at least I'm not sure it's as bad as he's making it seem), since when did George W. give a shit about the little guy or about fiscal responsibility? He sure hasn't shown it through health care reform or through any attempt to stop the budget hemorrhaging which has led to his record deficits.
Anyway, I actually do understand the impulse to privatize social security. I understand people's desire to control their own money. The problem with Bush's new plan (at least as it's presented) is that it doesn't seem to provide much actual security. Realistically, what are we going to do with those aging retirees who have invested poorly and have no money left to provide for their income in their old age? Are we going to throw these people to the wolves and let them starve to death if they make some poor investment decisions? Maybe we can set up free range ranches for old people where they live off the land after a lifetime of poor investing.
Anyway, unless there's some kind of safety net, I don't understand how this system is going to work, and if we do provide a safety net, aren't the tax payers just being asked to fund someone's gambling (ok, investing) habit? I just don't get it. Oh crap. Client needs to see me.