Since, like Senator McCain, "economics are not my strong suit"...I will ask you guys.
If The Decider had succeeded in privatizing Social Security -- at least partly -- can you describe what condition it would be in at this time, as we teeter on the brink of economic collapse? I'm thinking -- all that SS money invested in the markets...
But I could be missing something major.
It would depend on the percentage and what, if any, guarantees there were (a floor), the start time, and the type of investment permitted.
Keep in ming that right now, the value of my retirement fund would be much lower than in 2007, but much higher than 1997.
