Interview with Edward Gramlich on Social Security -- Getting Some Perspective
Excerpt: "In a U.S. Social Security debate in which partisans cite facts selectively to justify their positions, newspaper columnists occasionally turn for perspective to veterans .... One is Edward 'Ned' Gramlich, a U.S. Federal Reserve governor who chaired a Social Security advisory commission a decade ago.
r. Gramlich argues that it's time to fix Social Security. He advocates private accounts -- as long as they're on top of Social Security, not created by diverting payroll ...." (The Wall Street Journal Online)
http://online.wsj.com/public/article/0,,SB110678267784437310,00.html?mod=todays%5Ffree%5Ffeature