Tuesday, January 11, 2005

Britain's (Lack of) Success with Private Accounts

In the American Prospect, they examine Britain's experimentation with privatization that took place in the eighties. The conclusion: Britain really, really wishes they had our Social Security system, and are looking on it as "a model of reform". Talk about living in parallel universes.

Of course, actually examining the lack of success for social security privatization around the globe would smack of something like (gasp) the use of empirical evidence - the kind of thing those Godless liberals use... Lord knows we can't have that...

No comments: