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Chase Oliver on Social Security |
X video excerpt: We can have two options: we can have a world where younger workers, like myself, pay into the Social Security system, and don't get any benefits when we're older. Or you can give us a system where we can opt out right now. Leave the employer contribution for our parents and grandparents to keep them going. And then--guess what?--we can put our money into a mutual fund, save it. And have a much better retirement--and still not get any Social Security benefits.
What I want to do is keep the system solvent long enough for people who are at or near retirement to be able to do so. And then completely eliminate the system altogether. And never ever bring it back. We have to close up shop in a responsible way.