A privatization plan we can really get behind

Sen. Chuck Hagel introduces the first Social Security "reform" bill to Congress. CJR begins to chide the LA Times who, in its report on the bill, say that his plan is, like Bush's, would allow workers "to move as much as 4 percent of their payroll tax into investment accounts."

In fact, Bush's plan -- we think, since he's offered no details -- calls for 4 percent of pay up to $90,000.

CJR assumed that, once again, a major newspaper had gotten it wrong. "4 percent of [workers'] payroll tax" accounts for a whopping one-half of one percent of workers' pay. In other words, pretty much zero.

But no. The LA Times was merely quoting Hagel's own web site and a recent speech he'd made.

Sheesh. Democrats are supposed to "negotiate" with these idiots?