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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (215025)	1/15/2005 5:32:47 PM
From: RetiredNow	Read Replies (1) \| Respond to of 1574043

tejek, here's something you don't realize. Even if we only allowed people to invest in T-Bills in their own personal accounts, they would still get a higher return than Social Security, which also invests their money in T-Bills. Why? Because currently your Social Security money is not tagged to an account in your name. It has been estimated that the average annualized return for the average person in social security is .86%. The average return for T-Bills is 2%. So you'd outperform social security by more than 1% just by privatizing. You could keep all the other restrictions in place to ensure the safetynet is still intact. That would ensure that social security is strenthened. But then again, this type of thinking is outside the box. Can you put aside partisan politics for a second to evaluate the merits of a different system? That is the question upon which your future wealth and every other Americans currently is staked.