Don't Believe the Spin

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Under a Privatized
Social Security System:

The program is not voluntary—your retirement benefits are cut by
at least 40 percent, even if you do not choose a private account.

The government will take back 70 cents in your Social Security
benefits for every dollar in your account when you retire—on top
of the 40 percent cut in your guaranteed retirement benefits.

You don’t control your own money—politicians will pick Wall Street firms to control your investment accounts, a process corrupted by politics.

For most retirees, there will be little or nothing left to pass on because
most Social Security investments cannot be passed on to heirs.