Re: Another social security Post!
The plan for private accounts will work in the short run will be expensive. But over 20-30 years of instuting private accounts, (long run) social security will be able to sustain itself. We are already in debt, our economy is on its upsloping end of a resecion, and if the social security issues aren't solved by the time our economy starts to "naturaly" slow down, we may not be able to fix it. Now i aggree, the 3 billion dollar price tag is hefty. But if its institued in long term steps, i feel it will be very benificial to myself and my kids. Retirement age peole now are not going to be effected, so i don't know why we even listen to them. Its a choice that younger americans such as myself must make.
And lets think about putting More money into a failing system.... great idea. I'm done thining about that one. You can continue, I'll wait.