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 workers 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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