Like Russia going capitalist, the idea of America sinking Social Security revenues into stocks may not sit well with a lot of folks. But set aside the doubts, endure the initial pain, and 10 or 20 years from now everyone will be better off. Boris Yeltsin jumped on a tank to defend that strategy. We need only say, "Do it."
Defeating armed insurrection may sometimes seem easier than getting Washington to do the right thing. But this one's a no-brainer. Over the long term, stocks return two or three times more than Treasury securities, which by law is where the current...
To continue reading:
or
Log-In