8
Feb
2005

"Ownership society" vs. social responsibility

by Dante Chinni

Christian Science Monitor

02/07/05

Admit it, you may be leery of President Bush's ideas on how to fix Social Security, but there's a certain raw appeal to the idea of creating individual private accounts for people under 50. After all, long-term investments in the stock market are pretty safe considering the historical averages. And the chances of earning a little more than the government normally pays out are enticing. Then there is the promise of an 'ownership society,' which the president says is his goal to create. Who could be against that? Ownership is part of the American dream. It begins with owning a toy, progresses to owning a late-model sedan, and often leads to owning a second home somewhere warm. You aren't a fan of the 'ownership society'? Why do you hate freedom? But on the way to a brighter, better, more individually owned America there are a few sticky questions...

http://www.csmonitor.com/2005/0208/p09s01-codc.html


Informant: Thomas L. Knapp
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