Tuesday, February 15, 2005

Why Women Will Lose

I found this insightful article from Alternet, Why Women Will Lose. It discusses how Bush's so-called social security "reform" plan will be of detriment to women, since they will bear the brunt of it.
If we move to a privatized system and it fails, it will be women who will have to pay the price. Not only do women depend disproportionately on Social Security, we are more likely than men to care for an aging parent. So without the insurance of inflation-adjusted lifetime income, more retirees could wind up relying on the time and generosity of their children. And that means more women would take on the added burden of elder care.