Posted on 11/12/2004 12:00:29 PM PST by ceoinva
Fairfax, VA: The latest 2004 Post Election Survey on Social Security was released today by United Seniors Association-USA Next and McLaughlin & Associates, America’s public opinion expert.
The majority (56.3%) of this year’s voters would support a retirement plan allowing workers the choice of saving half of their Social Security taxes in their own individual, personally owned investment accounts if retirees and near retires were assured of receiving promised Social Security benefits.
A clear majority (61%) of voters would be more likely to support allowing such a personal retirement account choice if it was also backed by a federal guarantee that workers would not receive any less than they would have received under the current Social Security system.
Close to two-thirds (63.1%) of the electorate would be more likely to support such a personal retirement account choice if it could be shown that it would eliminate the long-term deficits of Social Security without raising taxes or cutting benefits.
(60.4%) would oppose a proposal to eliminate the long-term Social Security deficits by reducing future promised Social Security benefits by 30%.
Voters DO NOT want to “solve” Social Security by cutting benefits of Seniors or future generations, raising taxes or simply creating more federal debt.
Congressman Paul Ryan and Senator John Sununu are sponsoring the Social Security Personal Savings Act of 2004, incorporating policy elements probed in this Post Election Survey. This legislation which has been “scored” by the Chief Actuary of the U.S. Social Security Administration is a long-term solution for Social Security which has: (1) no benefit cuts, (2) no tax increases, (3) large voluntary Personal Retirement Accounts, and (4) financial guarantees for future retirees that the present System cannot possibly meet under the inevitable crisis of Social Security.
And YET the AARP came out against it today or yesterday!
This senior would appreciate obtaining her own medical insurance instead of being forced to enroll in Medicare.
Those who can afford private insurance should not be forced into the government program.
"A clear majority (61%) of voters would be more likely to support allowing such a personal retirement account choice if it was also backed by a federal guarantee that workers would not receive any less than they would have received under the current Social Security system."
Yeah, I bet the brokers love that one "Hey, don't worry about these riskier trades, you can't lose!!!"
Taxpayers subsidizing traders yet again.
The witch is melting!
"And your little dog, too!"
MV
Hhmmm...so you want the worthless IOU's from the nanny state...that may pay .8$ on your money...interesting...
AARP is the senior wing of the DNC.
As a young worker, I want few things more than to see Social Security privatized or gotten rid of entirely.
The system is a failure. We need to find a way so that older workers and retirees keep their benefits, because many of them were not foresighted enough to save on their own for retirement. However, we shouldn't continue to bankroll retirees on the hard work of their children and grandchildren.
Yeah, I'll take Uncle Sam over Merrill Lynch any day.
These schemes to inflate the stock market under guise of "liberty" are a coarse joke. If it were free, they'd allow me to invest for my retirement in whatever I like, say condo units.
Gheesh...did you vote for John Kerry? Or Ralph Nadar?
The Chief Actuary of Social Security has scored the proposed free market plan...and it works, well.
The ONLY free market way to solve the Social Security CRISIS is to allow younger workers to invest in and manage their own wealth creation.
I recall news items detailing the efforts of Sen. Feinstein, et al. to reverse some aspects of the reform.
As the effort begins to gut greedy geezers' "goodies" can we please look at outright abuse of the SSA system? Anyone? No? Not even a little bit? (Why, of course we'll exclude looking at sending SSA checks to the population of Mexico. Don't want to upset co-President Fox. /sarcasm)
http://heather.cs.ucdavis.edu/pub/Immigration/Index.html
Thanks.
It's not a "free" market. That's a pitch.
Nevadans know gaming schemes.
This is a major "choke point" with MANY thinking Seniors. Many are continuing to work in order to have choice in health care instead of being herded into Medi(don't)care.
AARP is our enemy and the enemy of many Seniors with brains yet most Seniors don't know how they are being defrauded by that organization on behalf of the Socialist mentality.
In spite of how much I love our extremely caring, extremely capable MD nephew who seves Medicare patients, I do not want him for my doctor because I want a doctor who functions in light of alternatives to "cut, burn and poison" concepts and uses research oriented toward preventive medicine.
He might do that but literally cannot take the time (largely because of the monumental government paperwork) and wouldn't be free to do it under the government imposed rigidity of the medicare system.
If the repulocrat garbage was honest, they'd pay off the boomers, out of general revenues if necessary, and allow younger workers to opt out of the system altogether. The Republicans talk about choice, but they neglect the most basic choice of all...not participating in a forced retirement system. The real point of the social security system is that it is a completely regressive flat tax...the alternative would be to raise the more progressive income tax. Since the whole raison d'etre of the Republican party is to make the rich richer, this can never be allowed.
Any "reform" Bush proposes will screw you and cheat me.
There, that's more like it!
Who said you HAVE to put your money in the stock market?
Right you are...check out the Galveston Plan in Texas that has worked successfully for over 25 years!...government workers were allowed to opt out of Social Security and the program has paid safe, high returns in convervative investments...Kill the Nanny State! Free Markets and Personal Responsibility Forever!
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