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Robert Reich explains how social security became underfunded - billionaires only have to pay 1% cap
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Social security should invest much of their funds into an S&P500 fund. This Social Security fund should be untouchable, like you say.
Democrats freaked out when Dubya wanted to let people invest up to 10% of their annual SS contributions into the stock market. DC is never going to put that money into an investment that requires a money trail when it is spent. It’s a fucking slush fund now and that’s how they like it.