Friday, February 18, 2005

More fringe theories - I’m not sure I fully understand his explanation, but Steven Landsburg says that boosting the savings rate through personal accounts will help to boost investment and productivity that is needed down the road. Meanwhile, in a related vein, OJ on Right Views believes that the growth of current personal accounts (such as 401k accounts) will boost tax revenues just as new revenues are needed for Social Security.

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