From the Good Question file...

Noam Scheiber's curiosity is piqued at TNR's etc...

According to Dick Cheney:

Others have made the broader argument that any kind of stock market investing is unwise when it comes to personal retirement....

...Who, exactly, has made the "broader argument that any kind of stock market investing is unwise when it comes to personal retirement"?

Who, indeed? If you can, you certainly should have investments independent of Social Security. I think that's univerally accepted. Some folks can't, though, for a variety of reasons, and the nature of the market is such that while some folks come out winners, some inevitably come out losers. Social Security evens the field a bit for everyone. That's what it's for.

Of course, if you have the resources and skills to get in the market, by all means do so. That's no reason to destroy Social Security, though, and that's what the Bushco scheme will do, because that's what they want it to do.