Social Security mustn't be privatized
Social Security is a great system providing tens of millions of workers with a guaranteed, core retirement income, disability insurance to people during their working years, and survivors' insurance to the children of workers who die at an early age. I, myself, and various relatives have all benefited in one or more of these ways.
When Dean Brittain in the SVH of 1/25/05 considers Social Security the "riskiest investment", is he denying concern for his fellow men? This is "Social" not "Individual", "Insurance (i.e. Security)" not "Investment". Is he considering only his own financial status? If he needs to make investments and see his money grow, IRA's are available to all, and many firms have 401 K accounts. Privatizing Social Security will destroy it.
The limit on the amount of earned income on which tax is paid should be removed and other adjustments made as needed and the safety net that reaches out to all will survive as long as our Government exists.
Howard R. Christofersen,
Anacortes
Letters to the Editor - Skagit Valley Herald
When Dean Brittain in the SVH of 1/25/05 considers Social Security the "riskiest investment", is he denying concern for his fellow men? This is "Social" not "Individual", "Insurance (i.e. Security)" not "Investment". Is he considering only his own financial status? If he needs to make investments and see his money grow, IRA's are available to all, and many firms have 401 K accounts. Privatizing Social Security will destroy it.
The limit on the amount of earned income on which tax is paid should be removed and other adjustments made as needed and the safety net that reaches out to all will survive as long as our Government exists.
Howard R. Christofersen,
Anacortes
Letters to the Editor - Skagit Valley Herald
posted by Christian at 1/30/2005
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