Tuesday, August 19, 2008

DEMOCRATIC PARTY PLATFORM: Retirement Security

The retirement and social security plank (p. 13) is fairly staple Democratic fare: protect Social Security from privatization; protect workers' pensions from corporate raids, corporate bankruptcy, etc; strengthen retirement security. The only news in the plank is the pledge to "automatically enroll every worker in a workplace pension plan" -- but it's not clear what this provision means, how it would work, or whether it would strengthen or endanger Social Security.

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