Political cartoon

Political cartoon - the current system could provide • A...

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Response A current issue in the America is the issue dealing with social security. I chose to draw a political cartoon dealing with this debacle because this is a serious and pertinent matter. Social security is forecasted to dry up and end in the year 2048. President Bush is taking this future problem head on, in a speech on March fourth President Bush outlines his plan for reform; this includes: Personal accounts would be entirely voluntary. The money would go into a conservative mix of bond and stock funds that would have the opportunity to earn a higher rate of return than anything
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Unformatted text preview: the current system could provide. • A young person who earns an average of $35,000 a year over his or her career would have nearly a quarter million dollars saved in his or her own account upon retirement. • That savings would provide a nest egg to supplement that worker’s traditional Social Security check, or to pass on to his or her children. • Best of all, it would replace the empty promises of the current system with real assets of ownership. Bulleted points retrieved off of: http://www.whitehouse.gov/infocus/social-security/...
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