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    Home»World Economy

    Tax Reform = Social Security Reform

    Team_NewsStudyBy Team_NewsStudyNovember 3, 2024 World Economy No Comments2 Mins Read
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    QUESTION: Mr. Armstrong, I’m positive you don’t keep in mind me. I labored on Capital Hill if you had been shuffling across the halls pitching to reform the debt and social safety. This interview was too brief, and also you didn’t get to elucidate the total scope of what you had been doing. I believe you also needs to state your plan to revise Social Safety.

    RB

    ANSWER: I believe you had been within the workplace subsequent to Invoice Archer. Sure, you’re appropriate. I used to be additionally requested again then to reform Social Safety and rework it right into a Wealth Fund. That was a part of the debt reform to eradicate debt, which meant they used Social Safety to purchase debt that must finish. I laid out that we’d convert to a Wealth Fund, allocating to managers who submitted their monitor information solely with no less than a 10-year reside historical past. The Democrats wouldn’t go for it, claiming it was dangerous, they usually wished to reallocate the fund to managers they chose in the event that they gained again the Home. The Dow Jones Industrials was 5500 on the time. We’d have saved the nation and everybody’s future.

    The System will crumble, and other people will likely be robbed of their future all as a result of we’ve got profession politicians working the federal government slightly than We the Individuals.



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