The Wall Street Journal editorial page on Democratic congressman Wexler's plan to save Social Security -- by doing nothing but raise taxes.
So now we're getting somewhere. Mr. Bush has put on the table personal accounts to build wealth over time, plus a reduction in the growth of future Social Security benefits for higher-income workers known as "progressive indexing." Mr. Wexler says neither of those are needed as long as the government is willing to raise taxes high enough. By all means let's have a debate.
Indeed. Funny thing, though -- the New York Times hasn't run a news story on
Wexler's plan. Hasn't even mentioned it. Perhaps the Times thinks that if
a Democrat breaks ranks in the forest and there's nobody there to hear it, it
won't really make a sound.
Posted by Don Luskin on May 16, 2005 9:59 AM to Social Security Choice