The Jaker

Mostly rational politics, with occasional rants about how a few crazy Republicans are ruining the country.


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Monday, January 31, 2005
This is one of the most important fights of our generation
The war on terrorism is the most important issue facing America and the world today.

But second to that on a Domestic front is saving Social Security, and by that I mean really saving it, not the way Republicans use that word. Social Security is the most successful federal program ever invented. Before it approximately half of senior citizens lived in poverty. It was created as a safeguard, to ensure that seniors had a minimum level of income in their retirement, in addition to any pension, 401k or private savings they might have, no matter what.

Now Republicans want to make that safety, that insurance, subject to the whims of the market. It takes away the whole point of the program.

We must save social security, or sooner or later one of the market's swings will impoverish some large generation of people whose retirement was simply unluckily timed. People can invest their other savings in stocks if they choose. It is the government's responsibility to make sure that, no matter what else, they have a minimal level of income to live.

This is going to be a long hard fight.
posted by CB @ 11:19 AM  
1 Comments:
  • At 12:27 AM, Blogger gecko said…

    I think you guys think this will seriously get through. I'm against privitization, meaning corporate control of a program, and personalization, meaning personal control. I for one will chose not to participate (as far as I know it is still supposed to be a voluntary thing) and I believe a large portion of our generation will not want to hassle with it as well. You are right about investing your own money.

    I beleive the progressive element of the democratic party is blowing this way out of proportion as they do with most things...

     
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