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Sic Semper Tyrannis

Thursday, January 26, 2006

Social Security and Rep. Ryan

Wisconsin's Rep. Paul Ryan gets some props on Townhall, as does Social Security reform:

Will the next president save Social Security? by Terence Jeffrey:

Under Ryan-Sununu, after a lifetime of paying taxes, the worker would be a free man, not a ward of the government. He would own and control his own retirement funds. The government (and younger taxpayers), on the other hand, would be free from the burden of underwriting Social Security.

This is not a pie-in-the-sky scheme. In an April 20 report, Social Security Chief Actuary Steve Goss determined that under Ryan-Sununu 'the Social Security program would be expected to be solvent and to meet its benefit obligations throughout the long-range period 2004 through 2078 and beyond.'

Side issue: what exactly is "props" and did I use it correctly in a sentence?