I disagree with the current federal administration on almost all issues except liberal gun rights.
I gave the idea of privatization of Social Security as proposed by our president on creating accounts for young American citizens to invest in over three or more decades of active working life a serious thought.
If one is financially independent by the virtue of pride, perseverance and hard work and have a big nest egg in retirement savings, obviously that person doesn't need to receive a pension.
On the other hand, the majority of the people who have worked in active labor for three to five or six decades can always opt to receive the pension upon mandated age of retirement or verified disability to alleviate economic hardship.
If laissez-faire economic policy (w/o govt intervention except stock fraud & abuse) apply w/ the new elective admin, should SS be done away with in gradual dissolution to reduce govt size or stay preserved, whole or partial with private investment account?
2007-06-21
23:19:15
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7 answers
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asked by
siegheil_neocon
1