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