FRONT PAGE CONTRIBUTOR
Half of the country wants out of Social Security.
"Where have you gone, Franklin Delano? A nation starts this Ponzi scheme to rue*..."
49% want the chance to opt out, 37% don’t. This was the sentence that jumped out at me:
A majority of voters under 50 say workers should be allowed to opt out. A plurality of those over 50 disagree.
Speaking as a voter under 50, let me say that both the under-50 and the over-50 positions make perfect sense. I’ve been putting money into Social Security for a quarter-century – and I don’t expect to see a penny of it, a quarter-century from now. Somebody retiring fifteen years from now? …maybe. Enough to roll the bones, at least. For myself, I’m tired of tossing good money after bad.
Meanwhile, the article indicates that “[o]ne of President Obama’s top economic advisers signaled this week that the president will try to reform Social Security before the end of his first term.”
Not with a Democratic Congress, he won’t.
Most of those short-sighted people applauding there in that clip are still there.
Crossposted to Moe Lane.