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Technology Stocks : Intel Corporation (INTC)
INTC 34.26-2.4%1:58 PM EST

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To: GVTucker who wrote (103358)5/12/2000 11:22:00 AM
From: TimF  Read Replies (1) of 186894
 
OT More social security

Regarding Social Security, everyone who wants to see individuals be able to invest their Social Security funds into the stock must
also then be willing to let anyone who loses money in this venture go completely destitute. If people are not allowed to go broke
and stay broke in this scenario, then a very large imbalance between risk and reward will develop that will cause inefficient
capital allocation.


I think the recent plan I heard of allows 2% of your income to the stock market (or other individually controled investment) while all the rest of the social security taxes (both employee and employer contributions) go to the current system. Would you support this idea?

Tim
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