http://www.ontheissues.org/celeb/Ralph_Nader_Social_Security.htmSocial Security is solid; pending bankruptcy is nonsense Nader urged Bush & Gore to stop trying to convince the puvblic that the retirement program is headed for bankruptcy. “The idea that Social Security is going to run out of money is simply nonsense,” Nader said. The program has an “extremely solid” base that will provide benefits until 2037, even under the “pessimistic” assumptions of a 1.7% average annual growth rate to estimate the projections, Nader said. He said that growth rate is about half the average over the last century.
Source: Boston Globe, “Campaign Notebook” Sep 20, 2000
Social Security should not be voluntary; keep community Asked if participating in Social Security and Medicare should be voluntary, Nader answered no. “What would Americans who are elderly be doing now,” with retirement accounts’ values dropping with the stock market, “if not for Social Security?” He launched into a passionate defense of “a sense of community” in society and argued that we, like the social democrats of Western Europe, should use government to create universal health care, “decent wages,” paid maternity leave, sick leave, and day care.
Source: 2008 third-party presidential debate, in Cleveland Magazine Nov 2, 2008