Social Security--still the best retirement deal around [View all]

[eridani]

http://washingtonpolicywatch.org/2012/08/06/for-young-workers-social-security-is-still-the-best-deal-around/

Social Security isn’t just a good deal – it’s a great deal. Unfortunately, articles like this have misled many in my generation into thinking Social Security will not be there for us. But the reality is, there’s only one way that will happen - if we allow it to.

Social Security has been around for 77 years, and unlike any 401K – it’s guaranteed. So when the retirement savings and home values of my parents and millions of other Americans plummeted in 2008, Social Security never missed a payment or cut benefits. Social Security is the safest investment in the world.
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With a recession occurring nearly every decade since the early 1900s, our Social Security system recognizes the contributions of American workers who have worked hard and played by the rules. For American workers of every age, Social Security provides freedom, security and independence – and I’m happy to support it.