Puppyroach on 03 July 2015
It isn't really privatized social security though, is it? It's a system where the government forces the employees and employers to push money into private options in order to, hopefully, create growth of the social security system and pensions. It's a way for the government to fund private organizations through taxes, which is kind of despicable (and happens way to much throughout the world). If it was truly privatized, it would be funded through the people's own, freely given savings. The problem with government run social programs is not that they are run by the government, but that they are not protected from being manipulated in the budget process, and used to cover expenses in other areas.
