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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Johannes Pilch who wrote (672268)2/15/2005 2:16:59 PM
From: Cogito  Read Replies (2) | Respond to of 769667
 
>>The plan will not repair the current SS program. In fact it likely will make SS even more volatile than currently. Our government ought not be in the business of forcing its citizens to pay for the retirement of anyone else. It has no responsibility to, as you say, 'ensure that people put enough money into private retirement accounts to prevent them from becoming greater burdens on society.' Freedom has its responsibilities. Americans need to grow up and realize that they are ultimately responsible for their own lives, their own comforts and their own futures. What government can do is offer products, alongside private organizations, that promise future rewards to their purchasers, allowing free people to buy these products of their own will.<<

JP -

I agree with much of what you say. Here's a question worth pondering, though. Should the government provide no safety net for its citizens?

What about a person who works hard, prudently puts away money for retirement in "safe" investments, then sees his savings decimated just when its time to retire because the markets crash?

- Allen