New Social Security Program Would Give High School Graduates $25,000

Obiwan

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Mar 22, 2015
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The thieving Democrats are at it again, and trying to give away the money you were FORCED TO CONTRIBUTE TOWARD YOUR RETIREMENT.



This is the problem with government officials, they don't understand basic economic principles. "Hey we can just print more, right"?

Not their money, not their concern. Until their own money has little value and the Chinese are buying their cities for pennies on the dollar.
 
The thieving Democrats are at it again, and trying to give away the money you were FORCED TO CONTRIBUTE TOWARD YOUR RETIREMENT.

Nope.

Representative Dean Phillips of Minnesota has introduced in the House the American Dream Accounts Act, a bill that calls for a program within the Social Security Administration that would open an investment account for every child born in the United States.

Around $5,000 would be put in an index fund, which would become available upon high school graduation or receipt of a GED diploma or certificate.
 
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Nope.

Representative Dean Phillips of Minnesota has introduced in the House the American Dream Accounts Act, a bill that calls for a program within the Social Security Administration that would open an investment account for every child born in the United States.

Around $5,000 would be put in an index fund, which would become available upon high school graduation or receipt of a GED diploma or certificate.


"index fund" means that social security is going to invest money in the stock market.

D's seem to be flipflopping, that sounds awfully close to President Bush's idea they panned from a few years ago to invest social security money in the markets.
 
Let's do the math on that.
3,500,000 live birth/yr.
x $5,000
$175,000,000,000/yr. taken from SS.

I don't think that will fly.
 
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Nope.

Representative Dean Phillips of Minnesota has introduced in the House the American Dream Accounts Act, a bill that calls for a program within the Social Security Administration that would open an investment account for every child born in the United States.

Around $5,000 would be put in an index fund, which would become available upon high school graduation or receipt of a GED diploma or certificate.

Call it what it is...a college fund.
 

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