January 27, 2005

Reporters turn to davidlanger.com for succinct Social Security insights

You are likely interested in the political saga of Social Security for professional or personal reasons, but did you know...

...privatization is a subtle form of the classic Ponzi scheme? Find out why on davidlanger.com

...the actual rate of return on workers' contributions typically beats the stock market and can reach infinity? (Yes, infinity.) Find out why on davidlanger.com

...Social Security's finances are in fine shape? Find out why on davidlanger.com

Roger Lowenstein, we are pleased to note, in his superb article in the January 16 New York Times Magazine ("Does the Social Security Crisis Add Up?"), cites my March 2004 study demonstrating the wrong Social Security cost projection is being used. See davidlanger.com.

Enclosed are two recent Letters to the Editor from the New York Times and Wall Street Journal. Query: Why is Bush bent on forcibly marching workers into the securities market despite the terrible mischief this will cause?

Call me if you have any question. With best regards,

Sincerely,

David Langer
Consulting Actuary

© 2001 DAVID LANGER COMPANY, INC.