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Scott Jameson on Social Security

Libertarian Challenger


Privatize social security

Q: Do you support the statement, "Privatize social security"?

A: Yes.

Source: Email interview on 2008 Senate race with OnTheIssues.org Aug 10, 2008

Replace entitlements with market alternatives

Q: How do we afford growing Social Security entitlements while we extend tax breaks?

JAMESON: The entitlements, such as Social Security and Medicare/Medicaid, are not actually legal obligations. Those are things that are given out at the discretion of the government. Last year they brought in $800 billion in Social Security taxes, and they paid out $500 billion. The other $300 billion disappeared. That kind of misappropriation of funds is why we're told it's going bankrupt. The Social Security system is not sustainable and I think we should look at market alternatives. The average Texan makes $40,000. If they invested their money in the market at 4.8%, they would be able to retire with $6,600 a month instead of $1,100 a month.

RADNOFSKY: Privatization is a terrible idea. It would cost trillions if we do privatize. We must protect the Social Security fund from raiding.

HUTCHISON: We do need to reform Social Security and we do need to make sure we are taking out the waste & fraud.

Source: Texas 2006 Senate Debate, sponsored by LWV-TX Oct 19, 2006

Compete with financial markets for retirement accounts

I feel very strongly that the federal government's retirement plan should be only one of several different options that people have in saving for their retirement. If the federal government wants to continue to offer Social Security, it should have direct competition in the financial markets to be the caretakers of our retirement accounts.
Source: Campaign website, www.scottjameson.org, "Positions" Jan 27, 2006

Other candidates on Social Security: Scott Jameson on other issues:
TX Gubernatorial:
Rick Perry
TX Senatorial:
John Cornyn
Kay Bailey Hutchison
Prof. Tom Davis
Rick Noriega


2008 Senate retirements:

Wayne Allard(R,CO)
Larry Craig(R,ID)
Pete Domenici(R,NM)
Chuck Hagel(R,NE)
Trent Lott(R,MS)
Craig Thomas(R,WY)
John Warner(R,VA)

Incoming Obama Administration:

Pres.Barack Obama
V.P.Joe Biden
State:Hillary Clinton
HHS:Tom Daschle
Staff:Rahm Emanuel
DHS:Janet Napolitano
DOC:Bill Richardson
DoD:Robert Gates
A.G.:Eric Holder
Treas.:Tim Geithner
Winners of 2008 Senate Races:
( * if new to the Senate)
AK:*Begich over Stevens
AL:Sessions
AR:Pryor
CO:*Udall
DE:Biden and Kaufman
GA:Chambliss v.Martin (Dec. 2 runoff)
IA:Harkin
ID:*Risch
IL:Durbin
KS:Roberts
KY:McConnell
LA:Landrieu
MA:Kerry
ME:Collins
MI:Levin
MN:Coleman v.Franken (recounting as of Dec.1)
MS4:Wicker
MS6:Cochran
MT:Baucus
NC:*Hagan over Dole
NE:*Johanns
NH:*Shaheen over Sununu
NJ:Lautenberg
NM:*Udall
OK:Inhofe
OR:*Merkley over Smith
RI:Reed
SC:Graham
SD:Johnson
TN:Alexander
TX:Cornyn
VA:*Warner
WV:Rockefeller
WY4:Barrasso
WY6:Enzi
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Page last updated: Dec 03, 2008