Will big government power brokers let them do it? No way. It doesn’t matter if it is a better investment that will produce a much bigger retirement pot. Or that you actually own it and can bequeath what is left to your heirs.
The goal isn’t to make individuals better off. The goal is to prop up a government program. If we let young workers out whose payroll taxes pay for current retirees, where will the money come from? Raise it by cutting some other government program? No way!!
So because we define the problem as “saving the system” as opposed to making individuals better off, the only Social Security reform we’re hearing about is raising the retirement age for everyone and taking an already bad deal and making it worse for all.
We’re saving a system not worth saving by putting our youth in entitlement prison.
Couple all this with piling on trillions in new debt to pay for more government which all gets dumped onto the next generation.
The new conservative Republican leadership is trying to cut and streamline, to reform entitlements with freedom, choice, and ownership.
These kinds of real reforms that will invigorate us for the future should excite the growing universe of young Hispanic Americans.
They should be a prime target market for this conservative Republican agenda.