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![]() « Introducing Guest Blogger Ian Pittman | WILLisms.com | Big Winners In Social Security Reform: Minorities. » "Because every American should have their own nest egg."The Club For Growth has launched a blog called SocialSecurityChoice.com, that "seeks to promote 'The Ownership Society' by advocating personal accounts for Social Security." The blog is already up and roaring with great content. For example, Adam Doverspike notes: "So many Democrats have decided to discard the fact that Social Security is on the verge of a major crisis. I enjoy calling them the Flat Earthers. The Flat Earthers seems to believe we have the best system ever and it serves everyone wonderfully. Over here in reality, we face a real shortfall of finances in my lifetime and we need to fix the system before it hits the fan." Doverspike also notes life expectacy rates for different demographic groups: Demographic --- Life Expectancy Essentially, because of the trends expressed in this data, not only does the average African-American pay a greater proportion of his income into Social Security over his lifetime, but African-Americans receive less benefits, on average, relative to groups with longer life expectancy rates. Also of note is this post, which offers a "historical look at the OASDI portion of the FICA tax rate since Social Security was created. (OASDI - Old Age, Survivors, and Disability Insurance)." Calendar Year ---------> OASDI Tax Rate Notice a trend? Stay tuned to WILLisms.com for more on why the greatest beneficiaries of Social Security reform will be minorities. Posted by Will Franklin · 26 January 2005 10:30 AM CommentsI fully agree that the AARP is wrong, but it has some very good benefits. I believe you should open the possibility of protesting the bias of the organization, particularly in name of our children and grandchildren, given the fact that the average income in the AARP years tends to be the highest of any group. Posted by: Raul Alessandri MD at January 26, 2005 05:42 PM Raul, I appreciate your comment. WILLisms.com is planning an examination in further depth of the motives and strategy behind the AARP's anti-reform posture. Posted by: Will Franklin at January 26, 2005 09:20 PM |