Hermain Cain Is Right
Why the candidate's reliance on the Chilean model makes sense.
4:00 PM, Sep 8, 2011 • By VICTORINO MATUS
I care about Social Security (even if I don't expect ever to collect it) and perked up during last night's debate when business entrepreneur Herman Cain offered his opinion on how to fix it: "I believe in the Chilean model, where you give a personal retirement account option so we can move this society from an entitlement society to an empowerment society." Sounds great, but how does it look on a chart or graph? So I took the next logical step and did a Google image search for "Chilean Model."
It turns out there are an impressive number of Chilean models out there, all of which seem to emphasize dramatic growth curves and a tendency toward inflation. Some of the models do have a competitive advantage over others but all seem to provide mounds of useful information. (That last link may not be safe for work!)
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