tag:blogger.com,1999:blog-8537995.post6380883487678198228..comments2023-10-29T10:54:58.681-04:00Comments on Vox Baby: What Did the Greenspan Commission Do?Andrewhttp://www.blogger.com/profile/13514024573333057559noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8537995.post-6046449980879546962007-02-20T19:00:00.000-05:002007-02-20T19:00:00.000-05:00Take a look at the speeches that President Reagan,...Take a look at the speeches that President Reagan, Tip O'Neil and Howard Baker gave upon the signing of the Social Security Amendments act of 1993. You can see them at:<BR/><BR/>http://www.youtube.com/watch?v=0-91W5LS0E8<BR/><BR/>"and<BR/><BR/>http://www.youtube.com/watch?v=JCDjqy5_V2w<BR/><BR/>I don't think they intended to play a trick on the Baby Boom generation. During his first election Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8537995.post-2078434101501083622007-01-22T19:06:00.000-05:002007-01-22T19:06:00.000-05:00Whether it was deliberate or not, the 1983 commiss...Whether it was deliberate or not, the 1983 commission realized that their policy would lead to the boomers funding their retirement. <br /><br />From the Myers link in paragraph 6:<br /><br />---<br />It has the effect of baby boomers paying for their own retirement, which in a sense is good, but it wasn't a controlling element and it was not talked about.<br />---<br /><br />full context:<br /><eightnine2718281828mu5https://www.blogger.com/profile/10719758054708390064noreply@blogger.comtag:blogger.com,1999:blog-8537995.post-21571276362870765662007-01-22T17:30:00.000-05:002007-01-22T17:30:00.000-05:00As I was preparing an Angrybear comment on your re...As I was preparing an Angrybear comment on your reader's 6th paragraph (the one that just leaves me shaking my head), I also noticed his 4th paragraph, which certainly undermines that dumb comment from Roland Patrick. But to suggest that this is what Dean Baker, Brad DeLong, and folks like me are saying is truly a gross misrepresentation of our position. I don't wish to be mean to one of your PGLhttps://www.blogger.com/profile/18248302122192095044noreply@blogger.comtag:blogger.com,1999:blog-8537995.post-48856714326880646862007-01-22T16:40:00.000-05:002007-01-22T16:40:00.000-05:00I've heard the claim in the last paragraph before ...I've heard the claim in the last paragraph before - and I have a real problem with it. It goes like this. The folks on the Greenspan Commission were smart fellows so they knew that when they bumbed up the payroll contribution, more revenues would flow in. And I would suppose that these smart folks would have known that the Trust Fund would run surpluses. Whether you call this prefunding or PGLhttps://www.blogger.com/profile/18248302122192095044noreply@blogger.comtag:blogger.com,1999:blog-8537995.post-3230408292773373012007-01-22T15:45:00.000-05:002007-01-22T15:45:00.000-05:00The problem is more the framing of the debate. En...The problem is more the framing of the debate. Entitlements, if anything, are only a small problem. Healthcare is the problem. Solve that and entitlements could be fixed with rounding errors.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8537995.post-68536661484415793482007-01-22T13:49:00.000-05:002007-01-22T13:49:00.000-05:00But I'm also saying that I don't see why future ge...<i>But I'm also saying that I don't see why future generations of workers--who were not party to any of the decisions being made as part of that racket--should have to pay the consequences to the degree suggested by Dean Baker in his post.</i><br /><br />That again is a dishonest argument. This whole concept of "generations" is bogus, and anyone who pushes it is, umm.., lets say, dubious at best.Anonymousnoreply@blogger.com