Tuesday, September 30, 2014

Earnst, a moderate? Her definition of protecting Social Security is radical.




The Republicans aren't trustworthy.

July 25, 2014

...Ernst is on the record (click here) that she would be “willing” to look at Social Security as a personal savings account for some workers, whether in an interest-bearing account or one that is tied to the (stock) market. Our finding on this claim in the ad is one that requires a leap to logic to go from Ernst considering making younger workers eligible to manage their own accounts to an overarching claim of “gambling our savings in the stock market”. 

Here is Ernst’s quote from that May 9 interview with the Register, in full context of the exchange:

 “We need to keep those promises to seniors and those that are entering that age bracket but I do think we need to look at younger workers and those entering the workforce and we need to find a solution here and something that I am willing to look at is a personal savings account. It would be one that whether it’s interest-bearing, whether it is tied to the market, I would need to look at the details but I do think that is something we would need to consider. With those personal savings accounts, it needs to be something that is hands off and something that, as legislators, we would not be able to raid.”...