Monday, October 17, 2011

How Herman Cain’s Social Security Privatization Plan Would Cause The Nation’s Debt To Explode

How Herman Cain’s Social Security Privatization Plan Would Cause The Nation’s Debt To Explode: p2012 GOP presidential hopeful Herman Cain — when he’s not mangling the details of his own 999 tax plan — has been singing the supposed benefits of “the Chilean model” of Social Security privatization. Using the right-wing buzzword “personalization,” (instead of “privatization”) Cain claims that this model will provide a better deal for workers. As [...]/p