A
forum for Princeton residents to express opinions about local
and national issues Question
of the Week: "What
are your views on President Bush's proposal to overhaul social
security?" 
"I
do agree with the president¹s plan. I feel that social security
is something for your retirement, not for investment. I think
that investments in stocks are insecure for the future."
Hector Zan Brana, Washington Oaks Development

"I
am not really concerned about it because the cut-off line is 55,
and it does not affect me, and I do not have any children to worry
about. If I were younger, I would want it to be the same
I would want to know that my money is going to be there."
Steve Mergelsberg, Edwards Place

"The
president's ideas are terrible, based pretty much on lies. For
example, his proposal assumes that the growth of the economy will
be lower than it has been for the last 75 years, while stock returns
will be as high as they have been over the same period. Historically,
the two have run the same. The only way it would work is for corporate
profits to grow at a faster rate than the economy, which has not
been the case." Jamie Cohen-Cole,
Nassau Street 
"I
don't agree with his plan. I think it is a very risky thing to
try, and I do not appreciate his meddling with a system that has
worked well so far." Wendy Kaczerski,
Chestnut Street

"Social
security changes are unnecessary, and the people who would be
most affected by the proposals, are those with the least investment
experience and who can least afford to take risks. Those with
the experience are more likely to be better-off and changes would
be less beneficial to them. Secure social security benefits are
a must in a society that cares." Michael
Katz, Leabrook Lane 
|