As a nation, the voting public skewered George W. Bush for his policy to privatize Social Security. Most conservatives agreed that it was the right thing to do, and just about everyone else called Bush the devil for even suggesting that SS be privatized. Well, looking back on the numbers we are to a point where Social Security is going to be insolvent within the next ten years. Meanwhile, the stock market has risen 344% since 2008, when Bush proposed privatization, and that includes 2009 crashes and the following bear market as well as a world wide pandemic.
Had we all been given the opportunity to put our SST payments into a private account we would have no problems funding Social Security retirement today nor in the future.
Am I wrong?
Had we all been given the opportunity to put our SST payments into a private account we would have no problems funding Social Security retirement today nor in the future.
Am I wrong?