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+--- Thread: what of Bush Jr's plan to make social security just like a 401k plan and let people invest it on the stock? (/thread-9852.html)
what of Bush Jr's plan to make social security just like a 401k plan and let people invest it on the stock? - Jack Black is back - 10-14-2012 12:36 PM
market. If he had done it when he wanted to just before the market crashed a lot of seniors would be getting kicked out of the nursing home, but it did bounce back and this takes all this money and puts it back into the economy and is used to invest in companies, which is what the stock market does.
- A-Rod Namikaze - 10-14-2012 12:44 PM
I agree.
- shina - 10-14-2012 12:44 PM
As you can remember many thousands of people lost everything in Enron scam. Same would have happen if idiot would be allowed to privatized SS
- Dave87gn - 10-14-2012 12:44 PM
You're right, if Bush had privatized SS, it would have been wiped out in 2008 and our country would be in a depression
- Jack - 10-14-2012 12:44 PM
yes and rick perry is the next george bush.
- John Doe - 10-14-2012 12:44 PM
Look at it this way, the SS taken out of our checks is all gone the government has spent it.
Is that really better? The stock market has recovered almost all of the losses from the crash.
Our lockbox is empty.
How can you say having nothing is better than having something?
- fangtaiyang - 10-14-2012 12:44 PM
Considering Social Security and Medicare are the only truly solvent federal programs, it would be foolish to mess with either.