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Re: Dems Target Private Retirement Accounts

By: clo in FFFT | Recommend this post (0)
Thu, 07 Nov 13 6:28 PM | 41 view(s)
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Msg. 57504 of 65535
(This msg. is a reply to 57501 by joe-taylor)

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And lets not forget what happened to the Market at that time, it TANKED!




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The above is a reply to the following message:
Re: Dems Target Private Retirement Accounts
By: joe-taylor
in FFFT
Thu, 07 Nov 13 4:20 PM
Msg. 57501 of 65535

Millions of hard working Americans were left without jobs in the financial crisis of 2008 and 2009. Many of them would have qualified for social security disability but had chosen to continue working. When the crisis hit many eventually turned to social security as a last resort when there were no jobs. Also, many who had chosen to work instead of draw social security benefits finally filed for their benefits as the downturn continued. This further taxed the system.


Joe


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