Libs want to hold you back |

Libs want to hold you back

Opponents of Social Security reform want to reduce your retirement income so politicians can continue to waste your money. The Social Security calculator says I can expect $1,951 per month from Social Security, vs. $7,365 per month had my Social Security deductions been invested in a private retirement account.

Sure, Social Security can be “saved” by increasing the amount of money taken from taxpayers and raising the retirement age, but that’s like choosing to replace everything in a dilapidated house instead of simply tearing it down and building a new one for half the price.

It is important to understand that Bush’s proposal merely introduces the choice of private investment; no one would be forced to invest in private accounts. Liberals could continue to trust their retirement to politicians, but the rest of us could trust ourselves (and I thought liberals were supposed to be “pro-choice”).

Regarding “risk,” I trust the long-term market infinitely more than I trust politicians. Liberals are driven by their hatred of Bush and free enterprise to resist reforming an obviously failed government program, and in so doing are attempting to deny Americans the opportunity for more secure and prosperous retirements.

Dana Reed

Nevada City

Support Local Journalism

Support Local Journalism

Readers around Grass Valley and Nevada County make The Union’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User