Do Republicans know how screwed we'd be if Bush's second largest goal of privatizing Social Security happened?

[alby]

yeah its better for the government to give out social security with money that hasn't existed in decades

[FrederickS]

Your assumption is fallacious on numerous points. First, only a portion of a workers SS tax would be eligible to be put into a private savings account. Second, no one would be allowed to invest solely in the stock market. Much of the money would have been invested in bonds, treasuries, CDs, etc, and probably would have significantly out performed the market. People would now have that money and would be investing it in the economy. Instead, the government has taken it and spent it. What do you think is better for the economy, government spending or private investment?

Also, what Bush proposed was voluntary personal savings accounts, not privatization of social security. Those are totally different things.

You really have no idea what you're talking about.