Republican Jim DeMint: Privatize Social Security

No Nuance from this Economic Conservative

Liberal Pundit Al Hunt reviewed South Carolina Senator Jim DeMint's new book, "Saving Freedom: We Can Stop America’s Slide Into Socialism" for Bloomberg. He wrote:

He’s a favorite of the grassroots “tea party” brigade and Fox News. His growing cult is such that party insiders even talk about him as a potential presidential candidate.

He also noted DeMint's flat tax approach, no bailouts stance and controversial advocacy of privatization of Social Security:

DeMint considers Social Security a “socialistic” measure and blasts the American Association of Retired Persons for promulgating “socialist solutions.”

“What’s the harm of your grandma getting a Social Security check every month from the government?” he asks in his book. “It seems harmless enough, but that check changes the relationship between your grandma and the government.”

In the interview, he talks of reviving President George W. Bush’s failed plan to partially privatize Social Security by having workers put a small percentage of the current levy in a personal savings account.

Related Posts

Comments are closed.