You know what else was disappointing? That many of the seniors were so openly contemptuous of the idea of letting poor and working people invest their own money in private retirement accounts. To listen to these seniors, the less well-off aren't smart enough to know what to invest where, and so need the government to provide them with a guaranteed benefit.
LOL Thanks for pointing that out.
I happen to agree with that sentiment. The difference is, I think that "the less well-off" (and others) should be in control of their money anyway, and then let the chips fall where they may.