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Thursday, December 09, 2004

It's catching:

Yesterday we expressed our view that Bush is out to end Social Security. Simple as that. All the talk of partial privatization is a ruse. Now we read Yglesias in TAPPED who writes: (emp add)
IN CASE YOU WERE WONDERING. The president wants to make it clear that finding the $2 trillion he'll need to finance his proposed abolition of Social Security won't be raised through higher taxes, so we'd better hope the Central Bank of China has a serious hankering for more bonds.
Mark A. R. Kleiman has related thoughts.


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