Quote:
Originally posted by sebastian_dangerfield
The simple solution to the problem of too much choice for the unskilled or scared SS investor is to offer them an opt out. They should be allowed to opt out of choosing their own investments and allow theit account to be managed by the govt. If they want to change that later - as they will when the next tech boom erupts - they should have to go through a rollover period sort of like when you roll your pension into an IRA.
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I was with you until the end. The government should not be in the investment business.
I too can't understand the objections to doing something about SS. You (not you Sebby, the universal you) may not agree with the proposals (which is difficult, because they have not really been presented yet), or you may not think the Bush team knows what they are doing, but I'm not sure how anyone can take the position that the status quo is OK.
