Thursday, November 21, 2013

"How Franklin D. Roosevelt Botched Social Security"

(Commentary by Roger Erickson)

The Paradigmatic Liberal as Fiscal Conservative

Fascinating read.

Will have to read this several times over to let it all soak in.

First comment, it's surprising that there's no mention of Luther Gulick's famous memo, admitting that FICA taxes were never a necessity, only enough politics to get the act passed against party-specific opposition.

No comments: