Las Vegas Sun

May 17, 2024

LETTER TO THE EDITOR:

Opportunity missed on Social Security

What if our government had taken all the Social Security Trust Fund money and invested in the market over the past 75 years?

Gold was $35 an ounce in 1936; it’s now nearly $1,400 an ounce. The Dow Jones industrial average was around 180 in 1936; it’s now around 12,000.

Do you think the trust fund would be bankrupt and living on borrowed money now?

This is reflective of the liberals in America and their complete lack of confidence in a capitalistic system that has made America the greatest and richest country in history and has supported all of their other social programs over the past 75 years. It is a system that, even without Obamacare, gives free health care to people who can’t afford health insurance.

Bill Gates and Warren Buffett have used this same capitalistic system to become billionaires, so why can’t the liberals let the rest of America do the same with their Social Security money?

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