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February 7, 2005
Quote of the Day
"Senate Minority Leader Harry Reid... seems determined to earn the description Teddy Roosevelt applied to President John Tyler -- 'a politician of monumental littleness'...[H]e disparaged the idea of voluntary personal retirement accounts funded by portions of individuals' Social Security taxes as 'Social Security roulette.' This is the crux of the Democrats' argument against Bush's plan: Equities markets are terribly risky -- indeed, are as irrational and risky as roulette. Think about that. Reid is saying that the risks and rewards of America's capital markets, which are the foundation of the nation's economic rationality and prosperity, are as random as the caroms of the ball in a roulette wheel. This, from a national leader, is amazing" -- columnist George Will, writing in Newsweek.
Hat Tip: OpinionJournal
Posted by Peter Mork at February 7, 2005 9:43 AM
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Tracked on February 9, 2005 12:20 AM
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