Talk of The Villages Florida - View Single Post - Political Leanings and The Villages
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Old 10-29-2011, 08:20 AM
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Default 2003

Quote:
Originally Posted by RichieLion View Post
President Bush had a plan where a portion of the money that was deducted from a paycheck for Social Security could be designated by the wage earner to be deposited into an approved private pension plan that would be invested toward his retirement with conceivable higher earning potential than his projected Social Security payment with the added benefit of it now being his personal property that could be passed on to his heirs instead of all his deductions just dying with him.

This would be at the wage earner's discretion and the system would have allayed the fears you have while giving the wage earner more control over his future.

President Bush was demonized by the Democrat establishment, who's false claims were echoed by the lamestream media who misrepresented and virtually lied about his plan in one of the biggest examples of media malpractice evidenced in our lifetimes.
It was such a good idea that a the Republican House and Republican Senate wouldn't touch it.
What would have happened in 2008?