Individuals deserve key to funds

To the editor:

Social Security not in crises? Good grief, Alan Journet. Get real.

Even Democrats admit Social Security can't make payments in 2018. You say the trust fund will keep it solvent until 2075? The trust fund has been spent by the two vote-buying parties. The trust fund is in our kids and grandkids back pocket. They will have to fund it after 2018 with ever-increasing taxes as the IOUs are cashed-in.

Increasing taxes was the answer in the 1980s to fix it by putting in extra to pay for us boomers. That extra went into the above-mentioned trust fund and promptly spent. Now you want to do it all again so it can be spent by both vote buying parties again. For a while there was much talk about a lockbox for the trust fund. We now have been presented with a new twist on a lockbox. It is called private accounts to which only the individual owner would have a key.

You throw out the bogus scare of MCI and Enron. The stock portion of the private account would be invested in broad index funds which would mirror the total market. Sure, the market goes up and down, but over a worker's lifetime it has always gone up. If the total market goes bust in the future, the United States is most likely bust (few jobs and taxpayers) and promised Social Security payments will be very unlikely.

DAN DICKERSON, Jackson