Why the AARP can't see the benefits is beyond me. They're supposed to be older and wiser. So why are they spending millions of dollars campaigning against fixing the Social Security program?
Private investment accounts to suplement Soc. Sec. has a better yield to the account holder than the current system, and it creates jobs because it is investing in America. It's a win-win situation.
Buying U.S. Savings bonds won't create jobs, neither will increasing taxes. Investing in America does. Everyone wins. Even democrats if they'll admit it. Grand children of the AARP will win too, and so on. But they won't because they are not part of the legislation. There is no change in anything for those over 55 (born before 1950). So it's a bit odd that they're spending their resources to be so political.
Isn't it a little ironic that the government has taken this long to see the benefits of that which made us a superpower, our freedom and free enterprise.
What Winston Churchill said: We contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
All the AARP wants to do is to preserve the failing system for the sake of having it. Never mind that it is useless in today's demographics and where we are headed. All the while forgetting that it is the recipient who needs the help, not the 'system'.
9:52:17 AM
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