Hypothetical: You're dictator of North America what do you do about the Economy?

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**AbaddonFidelis**

Frazzled wrote:
AbaddonFidelis wrote:
djones520 wrote:
2. Privatize Social Security. If there is one universal truth about politicians, it's that they will steal your money. Give the people the option to place their "Social Security" in private accounts that the gov cannot access. I honestly wish this hadn't been stonewalled a few years ago. As it stands right now, I won't have any of the SS that I've been paying my whole adult life. I'll have to solely rely on my pension, and other savings, while everyone else gets to rely on my dollar.

unfortunately people trust the stock market even less than the govt...... the truth is you cant safely give anyone a gigantic pile of cash and trust them to not spend it.
AF

You can if they are legally obligated to do so...

whats legal got to do with anything?
You know that when you give a company money in exchange for their stock they go out and spend it right? Just checking...
AF

Automatically Appended Next Post:

djones520 wrote:
AbaddonFidelis wrote:
djones520 wrote:
2. Privatize Social Security. If there is one universal truth about politicians, it's that they will steal your money. Give the people the option to place their "Social Security" in private accounts that the gov cannot access. I honestly wish this hadn't been stonewalled a few years ago. As it stands right now, I won't have any of the SS that I've been paying my whole adult life. I'll have to solely rely on my pension, and other savings, while everyone else gets to rely on my dollar.

unfortunately people trust the stock market even less than the govt...... the truth is you cant safely give anyone a gigantic pile of cash and trust them to not spend it.
AF

Actually, my 401k has grown over the last couple of years. I just kept all my money in the safest, but lowest growth investments. So while everyone tanked, I did fine. I'd do the exact same with my SS.

But the key point about this is giving the people the choice. I do not trust the government to tell me what is best for me, and no one else should either.

All the people who didnt do well in the stock market will just vote themselves your profits through the tax code

thats democracy.
AF