The question of privatizing Social Security will never be resolved if the financial and general media continues to mishandle the subject. There are facts which never get through the rhetoric the media helps expound.
One: It has been tried in other countries and in some states and it works.
Two: Folks get to own their own investments in a genuine lockbox. Come hell or hot water, the funds belong to them or their heirs.
Three: 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 and @BusinessNewshole at Twitter.)
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