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Old 12-23-2004, 12:52 PM
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KirkVining KirkVining is offline
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Join Date: Apr 2004
Posts: 5,303
Quote:
Originally Posted by webwench
None of your post addresses the questions (1) why not allow voluntary opt-outs, or (2) why not allow people in the program to choose from a menu of 'approved' investment options within social security?

Greed is an easy, low blow that does not at all address the issue at hand, nor is it a fair tactic to use against someone who is presenting an alternate viewpoint in good faith. In other words, you don't know me well enough to call me greedy.
The main reason is the increased administration costs, estimated at 1.2 trillion over ten years, screwing the current retires and raising debt or taxes.
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