Memories - CATO: Al Gore's Risky Budget Policies & privatize Social Securi

[papau]

http://www.ourfuture.org/issues_and_campaigns/socialsecurity/key_issues/money_trail_and_wall_street/readarticle737.cfm

Wall Street Ponies Up to Back Bush's Social Security Plan
By: John D. McKinnon & John Harwood
Date: 6/12/01 Source: The Wall Street Journal

WASHINGTON -- As the Bush administration officially launches its effort to privatize Social Security, it is about to get a big -- and generous -- helping hand from investment firms.

http://www.cato.org/dailys/09-08-00.html

Al Gore's Risky Budget Policies
by Doug Bandow

Doug Bandow is a senior fellow at the Cato Institute.

In Vice President Al Gore's mind, nothing is riskier than letting taxpayers keep more of their money. Which makes his election the riskiest action American voters could take.

The Congressional Budget Office estimates a cumulative $4.6 trillion surplus through 2010. Alas, it has never been more obvious that budget surpluses are more dangerous than deficits.

[wishlist]

1. Such a crock of B.S. they spread in 2000 that Al Gore was so risky

by advocating modest targeted tax cuts instead of the extravagant across the board Bush cuts that are bankrupting us now. The Bush ads now are trying to scare voters by claiming that Kerry will raise taxes by $900 billion in his first 100 days.

The article fails to explain in any way why having a budget surplus would have been so risky but that's a moot point for sure now.