And who exactly was pushing this in 1998?You’re wrong however, had SS been allowed to be privatized 25 years ago the fund would be overflowing with cash as opposed to being nearly depleted as it sits today.
privatizing social security, so that it relies on the stock market, is not a guarantee that it would have worked for everyone, depending on how it was setup.
and again, I don’t agree with taking chances with what was meant to be a safety net in case everything else went astray. You feel free to do what you want with your 401k and such.