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

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*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	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Jobs Principles Social Security Tax Reform Technology War/Peace Welfare Other Senators House of Representatives SenateMatch (matching quiz) Senate Votes (analysis) House Votes Bill Sponsorships Affiliations Policy Reports Group Ratings

Page last updated: Dec 03, 2008