i'd definitely opt out of SS if i could. that sounds like a great idea. there is some REAL choice.
AARP is soiling their depends on this. but do they expect payouts to be high forever? i really don't think my gramps needs 1-2 grand per month. he buys a new van every 3 years. he drives around aimlessly with no passengers. the point is that SS $ should probably be reduced, which is no doubt going to happen.
also, notice democrats say "privativization" while republicans say "personalization."
as for the plan itself, there is no bill to analyze as mentioned. so we are speculating, but with a general idea of the issues. i'm just wondering why this is such a high priority. i thought this was funny.
i do think some of the risk has been exaggerated. mutual funds are a stable investment. bad things happen, of course, but it's not like a game of chance. bush's plan could work, but i don't like the $1-3 trillion estimated price. he sould have saved some money to do this.
the democrats have no strong ideas. their response to the SOTU was very weak. what have they been doing in all those conferences for the last 3 months? bush is probably going to push this through just like everything else he wants to do.