re: #232 Fozzie Bear

Not only is that unelectable, it’s nuts.

It’s not quite as cut and dry batty as the wiki article lays out. His “privitization of social security includes this:

▫ Guarantee of Contributions. Individuals who choose to invest in personal accounts will be ensured every dollar they place into an account will be guaranteed, even after inflation. With the recent market downturn, individuals must be assured their retirement is secure. By guaranteeing the dollars you put into an account, individuals can be assured that they are protected against large-scale market downturns.

And this:

Increased Minimum Benefits for Low-Income Individuals. Provides that all individuals choosing personal accounts receive annuity payments of at least 150 percent of the poverty level. Increases to at least 120 percent of the poverty level the benefits for low-income individuals who choose to remain in the current system and meet certain working requirements.

Sounds a lot more like the current system, just with some market features built in.

Source was Ryan’s summary of his proposals posted here:
roadmap.republicans.budget.house.gov