Quote Originally Posted by Breukelen advocaat
Nobody is saying that all social security contributions should be placed in the securities market. It might be a good idea to let people have the option of electing to put some of it, such as 10 to 20 percent, in stocks, preferred stocks, bonds, mutuals, treasury bills, etc. If it was correctly done, many people would have more money for retirement and the economy would be better. Presently, the interest earned on social security deductions is very low.

I see large busloads of seniors, and many other people, going to Atlantic City every day 24/7, and nobody is screaming about that.
Exactly.

People should have the option of what they want to do with their Social Security funds. SS is a failing system as it is right now and will dry up way before I ever see a penny of it. The government seems to think they can spend our money better than we can.

Putting your SS funds into Wall Street was never the only option. That was only one of the many options.