Obama is wrong on private accounts for Social Security.
Reasons to agree:
- Obama associates Republican proposals to establish private accounts for Social Security with social Darwinism. But that is not the goal. The goal is to invest in America, instead of sending the money to Washington. The goal is to harness the power of the crowed. The goal is to get a better return on your investment. Obama doesn't like the marketplace, because he thinks some people fall through the cracks. But those societies that guarantee the most for their citizens, end up giving the least.
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