 |
 |
Why Stop at Social Security Reform?
October 28th 04:40:51 PM
As S4 works hard in Washington and around the country to advocate for Social Security reform, some policy wonks have taken the next logical step. If ownership and choice is good for retirement, doesn't it make sense for other aspects of American society? What other issues can be solved through the use of empowerment policies that give Americans more control over their lives? Scholars at the American Institute for Full Employment have introduced the 7.65% solution to solving both Social Security and Medicare. It is worth a read for all politicians, policy wonks, and lovers of freedom, empowerment and ownership.
Posted by Chris Schrimpf
Comments
Though ownership and choice is good for retirement amongst other things, it's too bad your proposed "solution", this "7.65% solution" includes no ownership and so little choice. If I had ownership, would by choices really be limited to 5 "Approved Mutual Funds" (page 37). Who does the approving? Might approval be contigent on your donating to the 'right' political party? And once again, who exercises the voting rights for the stocks in these "approved" funds? Of course, it won't be we the people. Yes, this 7.65% non-solution is the basic FERS style proposal that Bush & Co. want so that they or fellow governmental bureaucrats can extend their slimy influence and power further. No thank you. I demand real ownership that doesn't depend on the "approval" of dumbasses in DC.
Posted by Noid on October 28th 05:18:28 PM
(Edited)
Though ownership and choice is good for retirement amongst other things, it's too bad your proposed "solution", this "7.65% solution", includes no ownership and so little choice. If I had ownership, would my choices really be limited to 5 "Approved Mutual Funds" (page 37). Who does the approving? Might approval be contigent on your donating to the 'right' political party? And once again, who exercises the voting rights for the stocks in these "approved" funds? Of course, it won't be we the people. Yes, this 7.65% non-solution is the basic FERS style proposal that Bush & Co. want so that they or fellow governmental bureaucrats can extend their slimy influence and power further. No thank you. I demand real ownership that doesn't depend on the "approval" of dumbasses in DC.
Posted by Noid on October 28th 05:20:41 PM
I like these ideas.
Posted by Will Franklin on October 29th 03:07:52 PM
|
|
|
|
|
