Privatization

Posted at 11:06 am on Tuesday, October 30, 2007, in 2008 Election, and tagged 2008, romney, social security.

Mitt Romney has the quote of the campaign so far… “You call it privatization, I call it a private account.“

He is discussing, of course, the privatization of Social Security, and I am glad to go on record that I am in favor of eliminating Social Security altogether, in the course of a phased withdrawal, and assisting seniors in-need with a general tax fund secured by taxes on private equity funds. What I am not in favor of is some sort-of haphazard half-assed bandaid-effect attempt of partial privatization. It is all or nothing.

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