Social Security Petition

["Forstater, Mathew" <ForstaterM@xxxxxxxx>]

The Center for Full Employment and Price Stability's Open Letter to U.S.
Congress on Social Security can now be viewed on-line.  Those wishing to
sign the petition may also do so at the same site:

http://www.cfeps.org/petition.html

	We believe that the Interim Report approved by the President's
Commission on Social Security Reform is a biased and flawed report. It
grossly exaggerates the financial problems that might be faced several
decades from now. More importantly, it seriously overstates the increase
of the burden of providing for future retirees that will be experienced
through mid-century. Its claim that the program is "broken" and requires
an "overhaul" before 2016 is tantamount to arguing that Congress will
not put the full faith and credit of our government behind America's
most popular social program. The Report appears to have adopted a tone
of urgency, and even scare tactics, in an attempt to push an agenda that
favors privatization. We do not believe that privatization is necessary
or prudent, nor do we believe that it can reduce tomorrow's burden.
Rather than looking to such a fundamental change to the nature of the
Social Security program, we believe that relatively minor changes to be
made at some point in the future will fully resolve any problems to be
faced. We urge that Congress reject the arguments made in this report
and that it refuse to take unnecessarily drastic action.

	Please forward to individuals and discussion lists that you
think may be interested. Thank you.