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Jeb Bush Next president should privatize Social Security"
WASHINGTON – Jeb Bush thinks the next president will need to privatize Social Security, he said at a town hall meeting in New Hampshire on Tuesday – acknowledging that his brother attempted to do so and failed. It’s a position sure to be attacked by both Republicans and Democrats.
Bush has previously said he would support raising the retirement age to get Social Security benefits, a common position among Republicans. And he backed a partial privatization that House Republicans have proposed that would allow people to choose private accounts.
The future of Social Security has become one of the most hotly contested issues in national politics, and both parties have accused the other of threatening its survival. Republicans argue that Democrats’ refusal to change the program will lead to its bankruptcy. Democrats sayprivatization would kill the program and leave elderly Americans at the mercy of the stock market. Plus, any discussion of changing the system often creates fear in older Americans beyond or nearing the age of retirement, who also tend to vote in the greatest numbers.
Republicans have split on the answer to fix the program, which could begin to pay out more than it takes in as more baby boomers retire and younger generations aren’t able to pay enough into the system to keep it going. Understanding the fear privatization proposals create, some Republicans have argued that the retirement age should be increased or means-testing established instead. Many Democrats advocate raising the ceiling for the tax that funds it.
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He's a bush, what did you expect?He touched the third rail of politics.
Can he be resuscitated?
Why did he ever think he could say such a thing and get away with it?
Pathetic, might as well tell all people living in poverty (More then half the world) that it is their fault, that they should have worked harder or invested in stocks.. Oh wait, idiots like you spew that garbage all the time.if those getting ready to collect SS had put that money AWAY for themselves. they'd probably have a nice nest egg to live OFF OF. But since you gave it OVER to this Government, they now have to WORK until they are 90 because someone sure as hell can't RETIRE ON THE PIDDLE amount they are going to get back.
if those getting ready to collect SS had put that money AWAY for themselves.
IDIOT.......Put that money away WHERE????
Under their mattresses?
On a bank CD yielding .05%?
Gamble it on the stock market?
Nothing.Jesus christ, what is wrong with this nut?
At least give me the option.
I've done well "gambling"on the market.
At least give me the option.
I've done well "gambling"on the market.
"Gambling," Jefferson once said, "is a tax on the willing.."
Since games of chance REQUIRE many, many losers for the one "winner," the bit of money in retirement from SS is NOT the time or funds to go gambling.
Within weeks, observers noticed that the more the President talked about Social Security, the more support for his plan declined.
if those getting ready to collect SS had put that money AWAY for themselves.
IDIOT.......Put that money away WHERE????
Under their mattresses?
On a bank CD yielding .05%?
Gamble it on the stock market?
BUT omg HOW DARE someone suggest ss being privatized.
