Tuesday, January 18, 2005

Investing in America's workers

Ted Kennedy and the Democrats, along with allies such as AARP, are telling us that investing our retirement savings in the stock market is a terrible idea. I have some questions for the senator.

1. If investing social security assets in the stock market is a bad idea, wouldn't putting my IRA assets in the stock market also be a bad idea?

2. My investments in American companies depend on the ingenuity, hard work and productivity of American workers. Why is it a bad idea for me to base my future on America's workers?

3. Investment in our capital markets helps create jobs. Why is creating more and better jobs for American workers such a terrible idea?

3 Comments:

Blogger nopundit said...

Don't forget the question: Good for thee but not for me? Congress critters (and all fed employees?) already have private savings accounts and can opt out of FICA.

Kenneth Greenlee

Caught you via Powerline

11:54 AM, January 20, 2005  
Blogger Stephen Gordon said...

Ted fears a loss of government control of the retirement of his constituents.

12:10 PM, January 20, 2005  
Blogger Stephen Gordon said...

Ted fears a loss of government control of the retirement of his constituents.

12:13 PM, January 20, 2005  

Post a Comment

<< Home