Just a small thought about the Social Security deform which I haven't seen anywhere. Probably it is obvious to others, but I just got it. The cost of having millions of private accounts is what is expected to lower the return of those accounts. Now, it seems to me that this cost is mostly dependent on the number of accounts, not on the amount in the accounts. This is why, for instance, lawyer trust accounts were interest-free before IOLTA, which is currently under fire at the Supreme Court by the Washington Legal Foundation (see the article at Politics, Law and Autism --
http://pla.blogspot.com/2003_01_26_pla_archive.html#88198368). Sorry, I haven't figured out how to do a link. This issue itself is an outrageous one which I think deserves more attention.