Comments on: Social Security Reform In Budget Proposal? http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/ Big Teeth. Huge Ass. Surprisingly Reasonable. Sun, 22 Nov 2009 10:53:41 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: pjm http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/comment-page-1/#comment-6700 pjm Fri, 17 Feb 2006 07:53:33 +0000 http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/#comment-6700 The administrative costs are estimated to be around $3 per 1000 invested. That seems reasonable to me. Also the government would want to give you limited options to invest in to keep your risk lower. If you had total control you may invest in an option that tanks defeating the purpose of the account in the first place. The administrative costs are estimated to be around $3 per 1000 invested. That seems reasonable to me. Also the government would want to give you limited options to invest in to keep your risk lower. If you had total control you may invest in an option that tanks defeating the purpose of the account in the first place.

]]> By: Justin Gardner http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/comment-page-1/#comment-6457 Justin Gardner Sun, 12 Feb 2006 07:11:49 +0000 http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/#comment-6457 <blockquote>Justin, would you support a lock-box for social security � i.e. the “trust� that it is suppose to be?</blockquote> A lock-box would be an interesting idea. I wish we would've kept it locked in 2000. Oh well....

Justin, would you support a lock-box for social security � i.e. the “trust� that it is suppose to be?

A lock-box would be an interesting idea. I wish we would’ve kept it locked in 2000.

Oh well….

]]> By: hiraethin http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/comment-page-1/#comment-6448 hiraethin Sun, 12 Feb 2006 02:54:12 +0000 http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/#comment-6448 Evidently you're not a fan of Bush's approach to social security reform - either what he's trying to do or how he's trying to do it. But everyone seems to agree that social security needs to be reformed - that there is a large, and increasing, financial liability that will need to be tackled sooner or later, and that later will be harder. So what is the solution - what will be acceptable to Americans, and will actually solve the problem? Evidently you’re not a fan of Bush’s approach to social security reform – either what he’s trying to do or how he’s trying to do it. But everyone seems to agree that social security needs to be reformed – that there is a large, and increasing, financial liability that will need to be tackled sooner or later, and that later will be harder. So what is the solution – what will be acceptable to Americans, and will actually solve the problem?

]]> By: DosPeros http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/comment-page-1/#comment-6306 DosPeros Thu, 09 Feb 2006 20:52:29 +0000 http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/#comment-6306 Tom - excellent point. Fantastic point. And I'm very much in favor of privatizing social security. I think that what you just stated as an alternative (simply letting us put the $ into our already existing IRA's)would be much simpler. It is not Dubya's fault (and I fault Dubya for many things) that Social Security can not survive its own weight. It is failing system -- which most systems of income redistribution tend to be. Justin, would you support a lock-box for social security -- i.e. the "trust" that it is suppose to be? Tom – excellent point. Fantastic point. And I’m very much in favor of privatizing social security. I think that what you just stated as an alternative (simply letting us put the $ into our already existing IRA’s)would be much simpler.

It is not Dubya’s fault (and I fault Dubya for many things) that Social Security can not survive its own weight. It is failing system — which most systems of income redistribution tend to be. Justin, would you support a lock-box for social security — i.e. the “trust” that it is suppose to be?

]]> By: Tom http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/comment-page-1/#comment-6301 Tom Thu, 09 Feb 2006 19:51:14 +0000 http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/#comment-6301 If we're going to have "voluntary private accounts" (which I'm not too keen on), why not just let us stick the money in our IRAs? I mean, why have yet another retirement account? And this would keep management costs down somewhat. If we’re going to have “voluntary private accounts” (which I’m not too keen on), why not just let us stick the money in our IRAs? I mean, why have yet another retirement account? And this would keep management costs down somewhat.

]]> By: probligo http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/comment-page-1/#comment-6300 probligo Thu, 09 Feb 2006 19:41:02 +0000 http://donklephant.com/2006/02/09/social-security-reform-in-budget-proposal/#comment-6300 Time for another war? Time for another war?

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