DontBeStupid
Look it up!
So Bush was right about partially privatizing Social Security.
Darn
Nope.
If we had when Bush wanted to, we would be in an even worse situation with regards to SS.
Wait, are you sure?
It's sounds like you're a fucking clueless retard.
Do you want to double check that and get back to us?
Sure. I double checked.
Bush was talking privatizing in mid-2004 when the Dow was at about 10,300. Had his plan become law, we younger workers would have had our money put into a fund tied to the Dow and would have gotten a 27% return over 7.5 years, or 3.5% per year. That's if the fund was the most conservative you could have gone and you were lucky enough to not have any banking stock (unlikely) and not be exposed to anything related to real estate, also highly unlikely.
Of course, that would have also meant we weren't paying in to SS. Bush's plan was expected to add $2T to our debt over 10 years, so right now we'd have an additional $1.5T in debt.
More debt and mediocre returns. We dodged a bullet.