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HISTORYTEACHER: Social Security historyteacher

Monday, January 17, 2005

Social Security

Well, I must admit I am for the individual savings account that President Bush has been pushing but I found this article very interesting. I have always heard that Social Security was always supposed to be a safety net and not the sole source of income for retirees, however, if that is the case why doesn't the government just let us invest that money on our own and actually get a decent rate of return. Well, this article believes that the whole point Social Security was to protect us from the unpredictability of the stock market. I still think privatization is the right thing to do but some interesting points are made here. Enjoy!

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