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Does Anyone Still Want to Privatize Social Security?
Beverly Goldberg, The Century Foundation, 9/17/2008

One good thing to emerge from this week’s market turmoil is that it lays waste to the argument that privatizing Social Security is in everyone’s best interest. Ask yourself how you would feel if your retirement took place during a bear market like the one we are now in. Why would you want to gamble with your future security when you can have the assurance of a steady fixed income from Social Security as it is now structured to supplement anything you manage to save and any private pension to which you are entitled—a private pension that is subject to market whims?Continue Reading on the Taking Note Blog.

 



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