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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (98656)	2/4/2005 12:35:37 PM
From: LindyBill	Respond to of 793955

Comedy Club At 43rd Street By The MinuteMan The NY Times outdoes itself with its attempt to assess the reaction of young workers to Bush's proposed Social Security reform: nytimes.com Private Accounts Are Risky, Many Young Workers Say By Kate Zernike BOSTON, Feb. 3 - President Bush called his plan to shift Social Security into personal investment accounts "a better deal" for younger workers. But those he was claiming to help did not necessarily agree. About 15 workers in their 20's and 30's interviewed here on Thursday said they had not counted on Social Security for anything more than a little extra cushion by the time they retire in three or four decades. But they worried that the stock market was too unreliable, or that people were too unschooled in managing money for Mr. Bush's plan to work... Stare with me, if you will, at that dateline. Boston?!? If you were interested in gathering a cross-section of reaction to Bush's proposal, would your first thought be to head to Ground-Zero of Kerry Country? The writer is at least vaguely aware of the issue, quoting (a) Teresa McMains, a Kerry voter who doesn't like the plan; (b) Ryan Purcell, no party affiliation mentioned, who doesn't like the plan; (c) Paul Vivieros, a non-voter who does not understand the plan but does not want his taxes to go up when he retires; (d) Aaron Kotok, 28, a law student at Harvard who voted for President Bush, [who] called private accounts "a no-brainer"; and (e) Michael Baker, who works with the afore-mentioned Ryan Purcell and campaigned for Kerry, and who does not like the plan. Summing up: About 15 workers in their 20's and 30's interviewed here on Thursday said they had not counted on Social Security for anything more than a little extra cushion by the time they retire in three or four decades. ...There was general agreement that Social Security had to be fixed. But many said they preferred other solutions: raising the retirement age, or meting out benefits on a sliding scale according to income level. ...Only one person interviewed approved of private accounts (that was Aaron Kotok). Look, I hope Ms. Zernike enjoys her weekend in Boston - maybe she can get in some skiing nearby, and then file a locol-color story about hometown reaction to the Super Bowl. Let the Times pay for everything. But please don't pretend this is a serious attempt to take the pulse of the young American worker.