The Morning Call, Wednesday, January 26, 2005
In opinion piece by Kenneth Nivison, assistant professor of history at DeSales, he states that President Bush's argument that there "will be no Social Security down the road" is false because "Social Security will never go bankrupt so long as people continue to pay into it." Nivison cautions that "privatization in any form would recast Social Security as social insecurity, . . ." and would subject it to the same whims of market capitalism that are responsible for the widespread job loss, health care crisis, rise in gasoline prices, large trade deficit, and the income and wealth gap. Nivison says "the market is designed to leave people behind" and ultimately, such a policy "can only serve to place the health of our democracy in further jeopardy."
Press Release: Bush's Social Security reform language is misleading | Posted on: 1/26/2005
For more info:
Tom McNamara, Executive Director of Communications
DeSales University | 2255 Station Avenue | Center Valley, PA 18034
610.282.1100 x1219 | Tom.McNamara@desales.edu