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What Personal Accounts For Social Security Should Be

Date Submitted: 09/10/2006 04:54:49
Category: / Literature
Length: 3 pages (801 words)
Views: 158323

In his State of the Union Address, President Bush said that the Social Security system is headed for "bankruptcy," He also made his proposal on private Social Security accounts. What the president proposed sound like a good idea, but in fact they violate the rules and are not following the current facts. The president said: "In addition, you'll be able to pass along the money that accumulates in your personal account, if you wish, to …

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…of retirement fund as how much they paid when they worked. 3, In order to ensure everybody has equal chance and ability to pursuit his/her goals, individuals should have full control over their retirement funds instead of being restricted by the government. Last but not least, workers should have the right to choose whether or not to set up a personal account for Social Security. Let's hope again our elites will make a good decision.

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