When Bush W was re-elected POTUS in 2005 he attempted to reform Social Security and got roasted by the media. His proposal was to allow people an option of investing up to 16% of their SS deposits into the stock market.
Since then the DOW is way up.
Was at 10,790 in Feb 2005, now at 28,700.
NASDAQ was at 2500, now at 9,250.
S & P was at 1,180, now at 3,250
SS deposits actually lost value because of inflation.
Imagine how much better off everyone would be if W had got his plan approved and put in place.
Since then the DOW is way up.
Was at 10,790 in Feb 2005, now at 28,700.
NASDAQ was at 2500, now at 9,250.
S & P was at 1,180, now at 3,250
SS deposits actually lost value because of inflation.
Imagine how much better off everyone would be if W had got his plan approved and put in place.
