. The possible rewards don't outweigh the possible disaster that could take place. Furthermore, the stock market is at an all time apex, and we are in a bull market. Many investment analysts are predicting a major correction of the market. What would happen if the market crashed? Is there a back up plan? How would the government protect investors against large losses? These questions can't be answered, that is why it is not right for the government to invest in the market. It seems to me that the government should stick with what it already does and knows how to do, that is, raise taxes. I am in favor of a sharp tax increase for Social Security. There is no risk involved in raising the tax, except for disapproval by the citizens of the U.S. I would also like to see the retirement age raised to 70 and the early retirement age raised to 65. This would make it lighter on the system as I mentioned above, providing more tax and fewer people to support. The measure I would implement would be to raise the cap on the amount of money that is taxable for Social Security. This would allow more tax money to be generated. These three things would set the system straight for the upcoming years. They are stable and sound ideas that have been proven to work. Privatization is not needed, we need to balance before we try to accumulate an abundance. ...
