Originally posted by: Corn
If the Bush administration had their way with the privatization of Social Security, one of the main goals of his administration, the result would have been US workers would have not only lost their retirement savings they had in 401Ks they would have lost their SS retirement as well.
Will the lies never cease? Tell me BOBDN, what was the percentage of the individual's contribution that Bush's private SS plan would have allowed to be privately invested?
Here, how about I answer that.
2%
That's right kids, you heard it here first: BOBDN claims that a 2% deduction of the amount one pays into SS would have completely drained one's social security.
You'll have to excuse me for a moment by asking for clarification regarding the example that you provided regarding "US worker's" 401k plans having been completely drained. Sounds pretty broad, so please enlighten me, when, and how many, "US workers" lost everything in their 401k? Inquiring minds want to know.
Why did you feel it necessary to add "Cry me a river?" Do you enjoy witnessing your fellow Americans suffer through privatization?
Do I enjoy it? No, did I say LOL? No. Therefore I can only assume you continually want to play the ignorant and tired argument of Republicans don't care!!!! "Suffering"? You make it sound like waiting in line is some horrific experience causing the general population to fling their bodies into the sea. Fool. I'm curious, if things were so rosey before, why did your fellow voters allow this privatization in the first place? I'll tell you why.......The prior inspections system was fscked up before. Sounds like it's merely the status quo. Boo Hoo.