And don't forget fact #6- Social Security does not change the basic
reality that saving & investing your own money wisely is the best means
to providing a secure future for your family. President Bush's plan
doesn't change that either, nor does it encourage it much.



John H wrote:
Ahh, finally. A comment that makes some sense.

The problem with those in the lower end of the income spectrum is that they
don't have the extra money to save and invest wisely.

Speak for yourself.

Except for the very lowest rungs of the economic ladder, it is fully
possible to save & invest.

It does require the self discipline to live within (or even below) one's
means. Solid investment advice is available for free at the nearest
public library... again, though, that requires self-discipline.

I see that you mix your "conservatism" with socialism, not having the
guts to drink it straight. Or to put it another way, you are only
willing to apply your moral principles when it's convenient.



Giving them a choice of where their SS money goes allows them the option of
saving and investing wisely.

So, you don't believe that people currently have a choice with their
money? Is this a capitalist country, or what?

DSK