Reply #46: "If the stock market goes down, your benefits go down" - Exactly! [View All]

[sidpleasant]

That point is the key to beating this monstrous, idiotic proposal. Dems need to hammer the meme that Bush's plan means RISK. Americans will trade a guaranteed, safe, fixed benefit for a big load of RISK. Dems should also start using the words "gamble" and "bet" when referring to Bush's investment account schemes. Americans might end up with a little more money at retirement but they're just as likely to end up with less. People don't like risk; academic studies have proven that people prefer to keep something they have (such as low salary) rather than take a bet that has an equal probability of giving them more or less money.