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Reply #4: Radnofsky needs to hammer KBH's support for Soc Sec privatization [View All]

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antigop Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-12-06 01:42 AM
Response to Original message
4. Radnofsky needs to hammer KBH's support for Soc Sec privatization
http://hutchison.senate.gov/speec108.htm
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But I think the bottom line is that we need to give people a choice, a choice to stay in the Social Security system as it is today and have the exact same returns that they would be entitled to under Social Security, or if they choose not to do that, and they do want to have some control over their own taxes they pay in--maybe 3 percent of the 12-plus percent they pay in Social Security--I think we ought to let them do that. Because even with the stock market fluctuating, the returns show that they will do better and they will be able to give their children something they have not been able to under the present Social Security plan.
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