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Author: canonian Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76397  
Subject: Re: Clinton Retirement Plan Date: 10/11/2007 7:36 AM
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My point is that while that approach may work out just fine for you, it won't work out for everyone. When we form public policy we need to look at the country as a whole, not just people who will take care of themselves. So the question is "What kind of retirement security, if any, do we want to be available to the general population without any independent action by them?"

IMO until we answer that question we haven't a prayer of coming up with solutions.


Why not give people the freedom of choice to decide what they would like to do for their retirement? If you want to give to social security, or invest yourself, or let a financial planner do it for you.

I would not mind giving a smaller amount to SS to cover people who are truly in need. On the other hand I do have a problem with funding people who have the means to do without it.
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