[Matchett-PI]

I think this idea has merit! I'd appreciate hearing what other interested FReepers think about it after they read the details.

[isthisnickcool]

It says "There will be no money left after 2039".

There is no money there now. Just IOU's. It's not a trust fund since there are no funds in the trust.

[LarryLied]

Government workers already know the power of private investments. 6.8 million of them are not in Social Security, pay no SS taxes and are 100% invested in the markets (this depends on your state and union. 97% are out in Ohio, 91% in Massachusetts,56% in California, 27% in Georgia, 5% in New York).

[WillaJohns]

Very interesting. One question: Where will the money come from for all the people who retire after only a few years of actual work because they have become permanently disabled??

[LaFontaine]

Read the fine print on any published stock chart. It will always say something like:

Past Performance is not an Indication of Future Performance.

If you look at average gains since 1939 you can see that the stock market only outperformed bond market by a slight margin.

[Matchett-PI]

Bump!

I'd appreciate your comments on this particular SS privatization idea after you've had time to read it. Be sure not to miss the longer article that is linked from the web site. That is the one that has the details that Milton Friedman commented on.

As an aside, do you have any idea who the FReeper in reply #14 is talking about?

[Matchett-PI]

Bump!

I'd appreciate your comments on this particular SS privatization idea after you've had time to read it. Be sure not to miss the longer article that is linked from the web site. That is the one that has the details that Milton Friedman commented on.

Please ping anyone else that you think might want to read about this idea and comment on it.

As an aside, do you have any idea who the FReeper in reply #14 is talking about?

[Matchett-PI]

Bump!

I'd appreciate your comments on this particular SS privatization idea after you've had time to read it. Be sure not to miss the longer article that is linked from the web site. That is the one that has the details that Milton Friedman commented on.

Please ping anyone else that you think might want to read about this idea and comment on it. As an aside, do you have any idea who the FReeper is that reply #14 is talking about?

[Matchett-PI]

Bump!

I'd appreciate your comments on this particular SS privatization idea after you've had time to read it. Be sure not to miss the longer article that is linked from the web site. That is the one that has the details that Milton Friedman commented on.

Please ping anyone else that you think might want to read about this idea and comment on it.

As an aside, do you have any idea who the FReeper in reply #14 is talking about?

[Tauzero]

The fundamental and dubious assumption is that the market will behave no differently after such a plan is enacted.

[Free the USA]

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