Two perspectives <$NoAd$> ...

"Young workers who elect personal accounts can expect to receive a far higher rate of return on their money than the current system could ever afford to pay them."

Vice President Dick Cheney
Catholic University of America
January 13th, 2005

"Calculations of the median voter’s return from “investing” in Social Security suggest that for a majority of voters the U.S. Social Security system provides higher ex-post, or actual, returns than alternative assets."

Vincenzo Galasso
Social Security Bulletin
(The quarterly research journal
of the Social Security Administration)
Vol. 64 • No. 2 • 2001/2002

[A note of thanks to TPM reader BK.]