- for the moguls.
I must be missing something.
In all of the discussion all of the years since I have been aware of the issue, one central factor in Social Security "privatization" has been missing. No matter the actual term, the corporations and other employers have an obvious interest in workers shifting their nesteggs over to Wall Street.
Employers, which Repugnants represent, pay 50% of FICA for each employee. They had much rather pay 0%, which would be the case were "privatization" to become law.
Am I missing something?