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Reply #5: but for those who have been around for a while [View All]

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bleedingheart Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-19-05 10:37 AM
Response to Reply #3
5. but for those who have been around for a while
they will know that the same scare tactics about Social Security were being pandered by Goldwater back in the '60s and guess what, it is still here.

Krugman has done some great articles about how to address the dilemna of underfunding but I can tell you that I think that investing it into the market is the dumbest idea of all.

I am now 35 years old and I already have too much tied to the stock market in my 401K and I think that Social Security shouldn't be tied to the market for many reasons..Enron..and Tort Reform will screw people. Companies will rob people of their SS money and then Tort Reform will prevent them from taking legal action. Oh...and let us talk about the fees that taxpayers will be charged by the brokers...more money will be made on those fees and that money could be benefiting the recipients.


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