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Reply #4: The only winners in privatization will be those companies that [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-11-05 01:18 PM
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4. The only winners in privatization will be those companies that
are managing your accounts. They will get a percentage of your gain and most likely a percentage of your deposit.
You are correct about one thing, companies who still offer a retirement plan will most likely abandon them and the employee.
The common worker in this country has absolutely nothing to gain by Social Security privatization.
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