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+--- Thread: What would have happened if Social Security had been privatized and invested in the stock market? (/thread-7907.html)
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What would have happened if Social Security had been privatized and invested in the stock market? - Snorkle - 10-13-2012 01:14 AM
Would it have helped? Or just made it worse for those planning to retire anytime soon?
Ralph, I'm not sure I agree with you, I'm pretty sure I don't. But your point is lucid and seems well thought out. It made me think. I gave you a thumbs up.
- J98 - 10-13-2012 01:22 AM
We'd be fkd worse than we are now....
- AlchikZ - 10-13-2012 01:22 AM
Probably the same as what happened to the 700b bailout. I think that was your social security! Gone for good!
- Gene H - 10-13-2012 01:22 AM
Well, that idea came from the people who brought you the second great depression, so I don't think it would have helped. In fact, Social Security might have been wiped out with the rest of the stock market.
- quietthread457 - 10-13-2012 01:22 AM
they would have taken a hit for a few months, but in a few years when the dow is back in the 12k-13.5k range they would have bounced back like any 401K that averages 9-12% interest over the life of the portfolio
We KNOW FOR A FACT when SS will be bankrupt on the govt program
- Burnt Bagel - 10-13-2012 01:22 AM
It would had been a disaster for those retiring and cashing in. This crash has proved that Bush's scheme to shovel money into the stock market was a bone headed retard move.
Ancient Warrior DogueDe Bordeaux sure doesn't bother with those who would get screwed, he exemplifies what's wrong with brain dead stupid conservatives, even if what he says is true long term about the stock market (which is debatable).
- steelman - 10-13-2012 01:22 AM
It would be a disaster. Thanks to Obama that will be avoided. McBush wants to privatize it, that old idiot!!
- ~*~*~*~ - 10-13-2012 01:22 AM
Probably the same thing that happened to people's 401Ks. They are often based on stocks, and yes people are hurting over it.
- Mass Marauder - 10-13-2012 01:22 AM
I would have to work until I am 150 to get any benefits.
- Violentbanana355 - 10-13-2012 01:22 AM
exactly! everyone take care of yourself now and in the future.