The Corner

Wash Post Corrects:

Under the White House Social Security plan, workers who opt to divert some of their payroll taxes into individual accounts would ultimately earn benefits more than those under the traditional system only if the return on their investments exceed the amount their money would have accrued under the traditional system.

The mechanism initially detailed by the Washington Post in today’s editions and posted earlier on the Post’s Web site was incorrect….

ME: For what it’s worth– I need an expert (Ramesh?) to explain all this…

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