"Many of Peterson’s reform ideas will sound familiar because they were also a part of the President’s privatization plan. Among them, raising the retirement age (Peterson suggests to 73), means testing, and massive benefit cuts. Peterson has called the current cost of living increases in Social Security, which provide adjustments of roughly 3% a year, “one of the greatest fiscal tragedies of American history”
And then there is this... "At the same time, he steadfastly defends a controversial private equity tax break that benefits America’s wealthiest investors"'
It should always be remembered that
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