DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
6 comments:
Never happen.
makes too much sense, gov would never allow it
then they couldnt steal it
Each dollar you put into social security has a present value of about $0.80 in future benefits. And by law, the fund has to invest in treasuries (keeping the cost to borrow artificially low).
No way that the Feds will allow privatization.
If they privatize it, they won't be able to give it to people that didn't earn it.
If it were privatized, people would have to purchase it out of pocket. Imagine being 23 and unable to pay the bills with an insurance salesman telling you to start paying into a program you could never touch until you're almost 70. Virtually no one would buy that. Then the private program would go bankrupt and need federal bailout. Forcing everyone to pay in is the much better option.
Because it's a good idea and makes sense the government will not execute privatization.They will wait until they have drained every dollar that our hard working citizens have put in.At that time they will privatize and have someone else to blame for the failure.
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