
Posted by Ellen S. Durant on February 11, 2005, 2:25 am I agree with opponents who said that Bush's proposal to divert Social Security revenues into private investment accounts is dangerous and that there are better ways to fix the 70-year-old centerpiece of the New Deal --- A program that is vital to millions of people. Unraveling the commitment of Social Security based on gutting the guaranteed benefits and hoping that the stock market makes up the difference is a gamble. Thus, in additon to putting in jeopardy a program that is vital to millions of people, the president's proposal is also misleading to young people as to what they're going to end up with.
152.163.101.14
In his state of the union address, the president pushed "voluntary personal retirement accounts" as an answer to Social Security problems.
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