his ‘solution’ to social security is to offer a ‘privatized’ option
if you opt to go that route and your investments turn out well, you win
if you opt to go that route and you lose all the money, you will still be paid ‘benefits’ from social security
the taxpayers win if you win - the taxpayers lose if you lose - sounds like he wants us taxpayers to take all the risk out of gambling with retirement investments
he must have learned that government backing thing at fannie and freddie
It certainly wasn’t the “let private citizens be responsible for their retirement and get government out of the way” response I would expect. Everything the goobermint touches turns to crap and So-so security costs us ten times as much as if we privatized the whole thing.