It is not about economics but about redirecting even more dollars into Wall Street. More More More . .

Brad DeLong: Unfunded Entitlements and Default Savings Plans

Brad points out the latest moves to create private saving accounts related to social security. A simple argument that no one seems to raise is that no one needs authorization from the tax man to invest in Wall Street, they can place their bets there any time they like.

One comment by James Kroeger gives insight into the analytical process that an economist goes through.

Brad also notes a ranking of economics blogs by Newmarks Door.