Comments on: The Case for Carve Outs http://willwilkinson.net/flybottle/2005/07/06/the-case-for-carve-outs/ The Sweet Release of Reason Tue, 22 May 2012 20:28:45 +0000 hourly 1 By: monkyboy http://willwilkinson.net/flybottle/2005/07/06/the-case-for-carve-outs/#comment-6083 monkyboy Wed, 06 Jul 2005 20:35:00 +0000 http://www.willwilkinson.net/flybottle/?p=757#comment-6083 He just assumes that private accounts will not be opened up so people can borrow from them in times of need. A reasonable estimate would put the probability of this at around zero. He also assumes increased savings will result in increased economic activity. There is a worldwide glut of capital right now. Increased savings would actually lower U.S. economic output... My hats are off to those at Cato still flogging this dead horse...thank god Cato doesn't have to turn a profit. If they did, they might put those bright minds on something that actually had a chance of happening. He just assumes that private accounts will not be opened up so people can borrow from them in times of need. A reasonable estimate would put the probability of this at around zero.

He also assumes increased savings will result in increased economic activity. There is a worldwide glut of capital right now. Increased savings would actually lower U.S. economic output…

My hats are off to those at Cato still flogging this dead horse…thank god Cato doesn’t have to turn a profit. If they did, they might put those bright minds on something that actually had a chance of happening.

]]> By: monkyboy http://willwilkinson.net/flybottle/2005/07/06/the-case-for-carve-outs/#comment-6082 monkyboy Wed, 30 Nov -0001 00:00:00 +0000 http://www.willwilkinson.net/flybottle/?p=757#comment-6082 He just assumes that private accounts will not be opened up so people can borrow from them in times of need. A reasonable estimate would put the probability of this at around zero. He also assumes increased savings will result in increased economic activity. There is a worldwide glut of capital right now. Increased savings would actually lower U.S. economic output... My hats are off to those at Cato still flogging this dead horse...thank god Cato doesn't have to turn a profit. If they did, they might put those bright minds on something that actually had a chance of happening. He just assumes that private accounts will not be opened up so people can borrow from them in times of need. A reasonable estimate would put the probability of this at around zero.

He also assumes increased savings will result in increased economic activity. There is a worldwide glut of capital right now. Increased savings would actually lower U.S. economic output…

My hats are off to those at Cato still flogging this dead horse…thank god Cato doesn’t have to turn a profit. If they did, they might put those bright minds on something that actually had a chance of happening.

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