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during his 2nd term, which problem did Bush address by calling for the privatization of Social Security?
10-13-2012, 06:27 PM
Post: #3
 
C. Makes no sense because they could already invest their private savings in the market. Bush wanted to allow people to invest a portion of the money paid into social security to possibly allow for bigger gains in those investments compared to the social security system.

B. Yes, they may fear not having enough money to live on because social security is a joke. They only way to survive is having social security augmented by your own retirement plan.

D. Medicare is separate issue and has its own problems.

A. Yes, there are more people that are going to be paying into SS and more people exhausting what has been paid into SS. The SS system is a failed idea anyway. The only way it would ever continue to work is with constant increase numbers of population that pay into it, but with the current population explosion of baby boomers that are now going to be taking their retirements, the system can not handle that many retirements at one time. The system is broke and severely underfunded.

I would say none of those answer work.
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Messages In This Thread
[] - kpk02 - 10-13-2012, 06:27 PM
[] - Love 2 Run - 10-13-2012 06:27 PM
[] - DONALD T - 10-13-2012, 06:27 PM

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