TPM reader DD makes a good point.
In Jonathan Weisman’s Friday piece in the Post on Social Security he has this passage …
White House officials responded that even if the accounts produced no more benefit than the traditional system, they would still be valuable.
“Even if I break even, we would argue I’m still better off because I own the money,” a White House official said, speaking on the condition of anonymity. “If I die, it belongs to my estate. If I divorce, it’s a marital asset. And it’s protected from political risk. Government can’t take it away.”
If it’s a ‘marital asset’, you really do own it. So what if you go bankrupt? What happens then?
