Quote:
Originally posted by Tyrone Slothrop
Hume inserted the words "government funding" there to imply that Roosevelt was talking about something like what Bush wants to do. He wasn't.
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Are you reading Hume to be claiming that FDR wanted qualified accounts to completely supplant SS? If you are, then I would agree with you that Hume would be wrong.
But I don't read him that way. What I took from his comments was that FDR liked the idea of the additional, investment-driven private accounts being a part of the mix. FDR thought they should eventually be an important component to the whole scheme. I took that as a measure of FDR's prescience - he contemplated qualified accounts way back then.
