"The most powerful step toward an ownership society would be Social Security Reform. It would change the average American's largest tax, into their largest savings account. As far as pragmatic and empowering policy goes it doesn’t get much better than that.
Americans would have control over their retirement and Congress could no longer raid the Social Security trust fund to pay for their massive spending habits. What’s more when you die, you control who gets what's left of your account. It doesn't go back to Congress to spend because you own it. It came from your forty years of hard work."
Read the whole Op-Ed
Posted by Chris Schrimpf
Comments
Once again you seek to limit the discussion to one of either the status quo or SS equity fund accounts when there are several better options.
SS Equity Funds EQUAL Big Government Corruption!
S4 Sucks and Gives Change!
Posted by Noid on October 28th 05:25:27 PM
Noid,
Are any of your ideas politically pheasable?
How many votes do you have for any of them in either house of congress?
Keep in mind, that means 218 votes in the House or 51 in the Senate (and it really means both).
If by "pheasable" you mean feasible, I would ask you if you've even considered my proposals? Do you even know what I think should be done? I've proposed a list of about 7 options from which we have to choose, 3 of which I would consider better than the status quo, the status quo being better than what Bush & Co. are planning. Go fetch. It's time consuming enough for me to explain in detail how and why you suck and give change given how I have to repeat myself just to get my message across. I'll repeat *my* proposals later.
SS Equity Funds EQUAL Big Government Corruption!
S4 Sucks and Gives Change!
Posted by Noid on October 31st 07:20:46 PM
Also, considering the fact that I consider doing nothing but making sure that the payroll tax doesn't increase further to be better than your ideas would suggest that my ideas are more feasible than yours. After all, that's what happenned this year. ;-)
