Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: karpov

How about making SS a real fund again like before Congress raided it? Build up a the SS fund account instead of the current pay as they go. At least a partial build up and subject part of it to growth funds like a stock index funds. It would grow some compounding interest at least.
Butt’s govt run 401/k? Like investing with a casino. The house wins, we lose.


20 posted on 11/28/2019 9:47:10 AM PST by tflabo (Prince of Peace, Lion of Righteousness)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: tflabo
...How about making SS a real fund again like before Congress raided it? Build up a the SS fund account instead of the current pay as they go. At least a partial build up and subject part of it to growth funds like a stock index funds. It would grow some compounding interest at least...

This is similar to the ideas for privatizing SS -- allow each person to decide how to invest his own SS fund.

From the Dem point of view this is a disaster because it gives each person an ownership interest in American business. Hating America and looting business for short-term redistribution to will no longer fly. The Dems will have to move right and try to add long-term growth to the economy -- a prospect they hate. They would far rather strangle us with regulation.

78 posted on 11/30/2019 9:44:29 AM PST by CurlyDave
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson