Tuesday, February 22, 2005

More from Hough

Letter writer Janice Hough is a reliable partisan. Her letter to the editor today is on proposed changes to Social Security.

"Dear Editor: All the debate about the proposed new "personal" accounts really comes down to one question--what happens if bad, or simply unlucky, investment decisions leave some people with nothing?"
Janice Hough, Bryant Street, Palo Alto

Three points Ms Hough; 1. Its advertised as voluntary 2. People would only be allowed to invest a small percentage of their total social security account 3. The government would allow only low risk investments.


Anonymous Anonymous said...

You did not answer the question.

1:27 PM  
Blogger Bob said...

Because the scheme wouldn't allow anyone to lose everything the question is irrelevant. On the other hand it would offer the greater probablility of more people to have more. I see you objection to few people getting less as an obstacle of more people to get more.

3:00 PM  

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