They'd probably phase it in if SS is done away with. Older people would not have had the chance to "invest" enough to live on if cut off. What concerns me are all the millions who are barely surviving financially. What's taken from their income for some newly formed type of IRA would not amount to a hill of beans by the time they retire. Certainly not enough would be in their accounts to live on for any length of time.
Politicians seem to always be for themselves, not the people. No matter how I look it this I don't see where it benefits the people. The wealthy, and all politicians are, are in a class by themselves and cannot seem to relate to the rest of us.
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