And more education! From what I understand, this is bad for both young and old people. I think your flyer idea is great.
I saw you on my GD Politics thread. I'm hoping to get really specific if I get the chance. Let me know if you have anything to add or if you think my questions could be better worded/direccted.
Here are my concerns and what I've been reading this weekend.
1. What will make Mr. Bush's plan different from the Thatcher experiment in the U.K.? (As much as 30% was charged for management of fees and charges, resulting in no modest earnings at all.) An interviewee on Thursday's BBC World Report said, "The promises of great returns amounted to nothing. We got about 80% of what we put in. We would have been better off putting our money under our mattress."
2. Can people my age opt out of privatization completely, as was recommended by many U.K. insurance companies to their customers in 2002?
3. What type of recourse does someone forced into privatization have against a poorly performing fund?
4. What type of funds will be offered? What are their historical earnings?
5. What are national economic options to the alleged "Social Security will be broke by 2042" spiel that Mr. Bush is touting? Why can't we keep Social Security as is and make plans for Social Security NOT going broke in 2042? How would government spending have to change to achieve that?
http://www.socsec.org/publications.asp?pubid=503 http://www.prospect.org/web/printfriendly-view.ww?id=89... http://democrats.senate.gov/ss/calc.html# http://www.americanprogress.org/site/pp.asp?c=biJRJ8OVF... http://www.cbo.gov/showdoc.cfm?index=5530&sequence=0