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| | Thomas F. Siems on FICA & Social Security on NRO Financial |
 | | Personal-account plans, such as the three put forward by the President's Commission to Strengthen Social Security, can provide higher long-run benefits at lower long-run costs than the current program is capable of paying. |
 | | In his State of the Union address, President Bush said: "We will not deny, we will not ignore, we will not pass along our problems to other Congresses, other presidents, and other generations. |
 | | The ratio of workers to retirees, which is the principal measure of a pay-as-you-go system's financial viability, dropped from 41.9 to 1 in 1945, to 5.1 to 1 in 1960 and to 3.2 to 1 in 1975. |
| www.nationalreview.com /nrof_comment/comment-siems022003.asp (924 words) |
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