I am writing in response to Mary Jane Newell’s letter published March 11.
Social Security has been a lifeline for millions of Americans. A great many of us baby boomers started paying into it from the time we were 16. It is solvent as long as Congress doesn’t keep dipping into it to fund wars that should never have been waged or the administration doesn’t keeps sending our jobs to cheaper overseas labor.
Newell wrote that senators and representatives invest money in the stock market. They can afford to, we taxpayers pay them over $150,000 a year. Plus, they have a pension for life and don’t have to worry. Most people today are not even making the living wage, and Newell expects people to invest in risky accounts?
Why pay trillions of dollars to privatize Social Security when it has benefited millions all these years? This privatizing isn’t for the average citizen. It is for Bush’s big-business friends so they can ship more of our jobs to slave labor overseas.
Kathleen Morin, Rangeley
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