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<a href="http://www.accessmylibrary.com/article-1G1-129169468/personal-savings-vs-social.html" title="Facts and information about Personal savings vs. Social Security: several of the most common arguments for continuing the current Social Security program are easily countered by historical evidence, logic, and common sense.(Social Security)(Cover Story)">Personal savings vs. Social Security: several of the most common arguments for continuing the current Social Security program are easily countered by historical evidence, logic, and common sense.(Social Security)(Cover Story)</a>
Personal savings vs. Social Security: several of the most common arguments for continuing the current Social Security program are easily countered by historical evidence, logic, and common sense.(Social Security)(Cover Story)
The New American
|
February 21, 2005 |
Eddlem, Thomas R. |
COPYRIGHT 2005 American Opinion Publishing, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
The arguments for continuing the current Social Security program are so easily dispensed with that it is amazing the program still stands:
1 An investment in Social Security carries the full faith and credit of the U.S. government, while the stock market has too much volatility and risk. Even those private investors uninformed enough to retire on the last year of a bear market would do far better than someone on the Social Security dole. Yes, the stock market has fluctuated down 40 percent or more once every generation or so. But saying the fluctuations of the stock market make it unfavorable compared to the Social Security system is like saying that a bicycle is ...
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Source: HighBeam Research, Personal savings vs. Social Security: several of the most common...