I found this very interesting.
Kip Esquire describes himself as "a lawyer who doesn't practice, an investment banker who does no deals, an academic who doesn't teach, and a policy wonk who belongs to no think tank. He's 40 and lives in NYC. " and had this to say about voluntary partial privatization of Social Security:
All any American wants is a program that guarantees a basic income in retirement and for most of us it needs to be something we contributed to (FICA tax) or it would just be called "welfare". Fortunately there are other ways to guarantee not only a basic income but a lifestyle we can actually enjoy in retirement. Most of us are just as concerned about the return of our money as the return on our money. Yeah, it's a Will Rogers quote but it's true.
