If so, do you support social security reform?
-Social security taxes a higher percentage from lower income workers (13% on the first $90,000/year, 0% on income after that)
-By NO projection will there be enough for today's young workers to retire at a reasonable age. Today's children can just forget it.
-After 70 years, the government has zero dollars to show for this 'retirement account.' Private investments with interest would have doubled the principle at least four or five times - allowing a LOT more money to be available for those who need it AND it would provide capital & liquidity to the businesses that support us with jobs, goods, and services.
-Private retirement accounts are regulated by law and if a corporation treated it like our government treats social security, they would be prosecuted and have their assets seized (Enron)
So, do you support an abuse on the American working poor that is more horrific than any corporate corruption scandal, or do you support change?
2007-07-27
05:42:17
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6 answers
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asked by
freedom first
5
in
Other - Politics & Government