"So, she is not being greedy, she is just very wary."
So, she would prefer that the Government act as our parent/nanny. Does she understand that the investment portion is a CHOICE? She doesn't think I deserve to choose what to do with my own earnings?
I have tried to explain that to Mama, because I support it and I, BTW, am 55, so it won't affect me. However, it will affect my children who are 36, 33, and 31. But Mama does not trust the stock market. She knew people who had lost everything in the stock market crash, even though that was before she was born, and she just thinks it would be a disaster.