Hillary’s critique | TheUnion.com

Hillary’s critique

Conservatives are at risk when they attempt to question liberal views, but I’ll take a chance. Hillary, in a presentation in South Carolina, stated that the move to privatize Social Security was the worst possible plan ever offered by the opposition. This was a great “sound bite,” but was it such a bad idea?

How much in interest is added to your contribution by our government? Is it 1 percent, 2 or 3 percent, or do you really know? Call the Social Security Administration and get a listing of your contributions to date. If one-half of this was invested in U.S. Treasury bonds, you would be amazed at how far ahead you would be, and the risk factor would be equal under either plan.

True privatization might bring a larger advantage in taking these funds and not allowing our politicians to borrow them at a lower or no interest rate but be faced with paying a true market rate when they try to use them for things not covered under Social Security. By raising the fear factor, these options were never given a fair shot.

The victor is “Big Government.” If Hillary is elected how big will “BG” grow?

John Howard

Nevada County

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