Stephen Moore: Bush Stealing from Our Retirement Accounts
I finally read something from Stephen Moore worth quoting:
As former Chrysler Chairman Lee Iacoca once declared, any CEO who tried this with a private firm’s pension fund would be thrown in jail.
Of course, this was Lee Iacoca’s line and Stephen does not really go after his accomplice in their Soc. Sec. scam. But George Bush ignored Al Gore’s lock box comment about not squandering the Social Security surplus and I agree this is criminal. The rest of this NY Post piece is Moore’s usual garbage: (1) the Bush deficits were allegedly from higher spending rather than those massive tax giveaways to Moore’s Club for Rich People; (2) only funds in a private account get a decent return; and (3) Bush’s fiscally folly is to be blamed on liberals.