The
question of privatizing Social Security will never be resolved if the
financial and general media gets away with mishandling the subject.
There
are facts which never get through the leftist rhetoric the media
helps expound.
Point: It has been tried in other countries and in some states and it
works.
Folks
get to own their own investments in a genuine lock box. Come hell or
hot water, the funds belong to them or their heirs.
Point: The subject should have little to do with the vagaries or the
volatility of the stock market.
An
option for all is ownership in U.S. bonds, which can be tied to the
inflation rate, for those who don’t like to buy stocks. (See
the Earl J Weinreb NewsHole® comments.)
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