> you are in charge of your retirement, not politicians and their political objectives at the moment you just so happen to retire
How has the latter happened for Social Security? It's pretty much delivered as advertised. Would you trust everyone's fate to Wall Street?
> IRA's
Not everyone is equipped to handle investment, especially elderly people who are easily confused. And it creates reinforcing problems: If the economy is bad and Wall Street has a bad year, people need the money more but have less of it.
> it requires printing money or raising the burden on today's youth unfairly
How has Social Security required that? Why should today's youth have less burden their their predecessors, who paid for a many long-term investments that other generations benefited from?
How has the latter happened for Social Security? It's pretty much delivered as advertised. Would you trust everyone's fate to Wall Street?
> IRA's
Not everyone is equipped to handle investment, especially elderly people who are easily confused. And it creates reinforcing problems: If the economy is bad and Wall Street has a bad year, people need the money more but have less of it.
> it requires printing money or raising the burden on today's youth unfairly
How has Social Security required that? Why should today's youth have less burden their their predecessors, who paid for a many long-term investments that other generations benefited from?