Friday, December 17, 2004

Social Security Dynamism

Jonah Goldberg breaks the hearts of liberals by proclaiming that FDR is dead. The New Deal did not fix the U.S. economy. In fact, the New Deal prolonged the Great Depression. Policies such as high tax rates, not eliminating the Smoot-Hawley Tariff, and raising the minimum wage are not pro-growth. Sadly, these were some of the misguided policies of the FDR administration. Social Security, at the time of it's introduction, was manageable but now it's a fiscal nightmare. President Bush is finally going to tackle the problem. The Democrats should offer alternative solutions, instead of having meltdowns.