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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,859
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All we want is the ability to put our SS money into a 401K type account where we will actually earn some interest. Hell they do have guaranteed accounts in there for those who fear risk. Last I heard we were getting .01xx % return on our SS "donations" I'll take 3.5% guaranteed anyday! The argument that Wall Street will make money on this is pointless. Ofcourse they will just because of the volume increase, big whoop. You don't want a better and effective retirement plan out of spite that others will also prosper? What kind of logic is that.
Be real, the dems don't want this because it will remove their "slush spending fund". Also it is ideologically opposed to their "let Government take care of you" agenda.
All that aside I really don't see how you can argue that Bush's plan will not lead to better and larger retirement funds for those involved. Now wasn't that the whole point in the first place?
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Cornpoppin' Pony Soldier
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