On 19 Feb 2005, at 11:26 pm, Doug Pensinger wrote:
I think that the money should be invested in some way shape or form, but the "personal accounts" thing where you have some control of the money but the government restricts you seems to me to be an odd combination of personal control and governmental mothering. I'd just as soon see the government find a good way to invest it. If people want private accounts there are plenty of ways for them to do that without Uncle Sam's help.
I don't know much about economics but I'm pretty sure that there is no way the government can 'invest' in anything.
Unless government was privatised of course. Then you could pick which government you wanted and the guy down the street who picked the wrong government provider would find he didn't have any social security because they went into Chapter 11 :)
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