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Old 02-04-2005, 06:09 PM   #2410
sgtclub
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Join Date: Mar 2003
Location: Survivor Island
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Quote:
Originally posted by Sidd Finch
Question: You said Bush thinks it is morally necessary to provide a safety net (not exactly your words, but close). If private investments turn out to have risk -- obviously they do, but you wouldn't know it from listening to Bush -- then what happens to the people on the downside of that risk? Are they just fucked, and will the Republican Party that you say will still be in power 25 years from now have the political will to say that they are fucked?
I don't think this is a real risk, given that a very small portion of our total retirement pool will be permitted to be in private accounts.
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