I’m sure glad that didn’t work out.
As you may recall, back in the day Castle was pretty much down with any bullshit scheme Tom Delay and Chimpy cooked up. – including “privatizing” social security.
According to Congressman “go along to get along” we needed to rush social security funds into the open market because
“..the rapidly approaching disaster of a depleted Social Security system. Within the next ten years “baby boomers” will start retiring. It is estimated that, as a result of this, by 2013 Social Security will be making greater payments to retirees than it will take in from the workforce. By 2032 the Social Security Trust Fund will be completely exhausted. Congress could rewrite this forecast by establishing individual savings accounts, restoring Social Security to permanent actuarial solvency, improving work incentives and/or resolving internal administrative problems.”
What a nit wit.
I f there was one big Democratic “win” during the Bush years, it was turning back this bit of Republican idiocy.