The Simpson-Bowles Social Security Plan
Chuck Blahous identifies the winners and losers. The three main groups of winners:
1) Low-income workers (and their advocates);
2) Fiscal conservatives concerned about the growth of system costs;
3) Advocates of bipartisan accomplishment.
And three main groups of losers:
1) Advocates of making substantial tax increases inevitable through prolonged inaction;
2) Advocates of improving intergenerational equity via personal accounts;
3) Senior-scaring political opportunists.
1) Low-income workers (and their advocates);
2) Fiscal conservatives concerned about the growth of system costs;
3) Advocates of bipartisan accomplishment.
And three main groups of losers:
1) Advocates of making substantial tax increases inevitable through prolonged inaction;
2) Advocates of improving intergenerational equity via personal accounts;
3) Senior-scaring political opportunists.
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