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by Prometheus 6
November 18, 2004 - 4:20pm.
on Economics

Easy Fixes For Social Security By Edith U. Fierst in the Washington Post

The president's determination to partially privatize Social Security stems from ideological reasons. But in fact the projected Social Security deficit is small enough -- 1.89 percent of payroll, under the Social Security trustees' intermediate assumptions (neither optimistic nor pessimistic) -- that a major revision to the system is not necessary. The deficit can be remedied with a few discrete changes in the program, all of which are surprisingly easy to understand and accept.

Â…can help forestall fiscal panic.