State of the union

Gabo said:

People can choose to put some of their SS money in "private" accounts.
The government decides where you get to put your money.
The government decides how much you get to put there.
The government decides when you take it out.
The government decides how much you take out.
Only some of your money is able to be passed to the next generation.
You still use the crappy SS system for the rest of your retirement.
The extra money needed for the conversion comes from the taxpayers.

Bush isn't all that bad.
He is going in the right direction at least.
But he messes up in a few ways:

-The "private" accounts are hardly private at all
-The extra money needed is coming from increased tax instead of decreased spending

Click to expand...