Quote:
Originally posted by Mmmm, Burger (C.J.)
But are you saying that you think that each dollar you pay in SS taxes will actually give you a better return in 2040 (or whenever you retire) than each dollar you put in the market today?
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No, but that begs the question.
Do you allow people to control their own "SS" funds? As others have pointed out, that creates the danger that people will screw up ("gee, Iomega has been rising like a rocket ship for months... I'd better jump on.")
Or do you have the feds put the money in the market (as proposed in 99)? Hoo-boy. How do the feds choose which companies and industries to invest in? What happens when the feds want to prosecute a company for criminal conduct, when the feds themselves are a major shareholder?
And in either instance, consider the effect of dumping all SS receipts into the stock market every year. Talk about bubbles.....
