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December 28, 2005
S4 member Ryan Lynch: published in Town Talk
Youths support reform
Marsha Mercer's Dec. 20 column about Social Security reform notes that delegates to the White House aging conference opposed the new Medicare plan as well as personal retirement accounts in Social Security.
It makes sense that seniors are concerned about the new health-care plan and that they would use the conference to voice that concern.
The session on Social Security, however, makes less sense.
Seniors are no longer stakeholders in the debate on Social Security reform. Benefits for older folks are all but guaranteed, while benefits for young people are all but guaranteed to run out.
Those of us beginning to pay into the Social Security program have the most at stake, and we will be most affected by reform.
The issue, then, is not how many old people support personal retirement accounts, but how many young people do.
As it turns out, two out of three young people want personal accounts.
Young people want choice, and we want ownership through personal accounts. But most of all, we want what most seniors already have -- security in retirement.
Let's hope that 2006 is the year that Congress finally deals with Social Security's problems.
Ryan Lynch, Students for Saving Social Security, Chicago, Ill.
Posted by Evan Dent at December 28, 2005 08:13 PM
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