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QUESTION 6 One proposal for solving the social security problem is privatization

ID: 1195989 • Letter: Q

Question

QUESTION 6

One proposal for solving the social security problem is privatization. The primary argument against this proposal is

that with private investments there is no guaranteed return.

that people will take advantage of the system.

that people will be afraid to invest and thereby won't have enough when the retire.

that people will take huge risks knowing that even if they lose everything they will be taken care of.

that people believe the government can do a better job of investing than they themselves can.

that with private investments there is no guaranteed return.

that people will take advantage of the system.

that people will be afraid to invest and thereby won't have enough when the retire.

that people will take huge risks knowing that even if they lose everything they will be taken care of.

that people believe the government can do a better job of investing than they themselves can.

Explanation / Answer

that people will take huge risks knowing that even if they lose everything they will be taken care of.

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