Letter to the Editor – Paul Krugman
January 12, 2010
We received a number of responses to our article last week, Paul Krugman on Deficits, Taxes, Inflation, and Recovery, all of which expressed the same sentiment. Below is one of those letters:
Dear Editor,
The man is so obviously a rabid Socialist that he has no credibility whatsoever in a capitalist economy or in our industry. What is so bad about privatizing Social Security? It might have been one of the only viable ways to save the bankrupt Ponzi scheme we now have.
John Robert Austin, CFP
Managing Partner
Austin Wealth Management
Brookeville, MD
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