Should Social Security be Privatized? Pros and Cons Debated at New Website from ProCon.org.
Summary
Supporters of private accounts contend that retirees will then have the freedom to invest their retirement money in the stock market as they wish, theoretically earning higher returns than with government-invested funds.Information is presented on 27 different ProCon.org issue websites in subjects ranging from health care and medical marijuana to the Israeli-Palestinian conflict and illegal immigration.Contact: Kamy Akhavan, Managing Editor kamy@procon.org (310) 587-1407 233 Wilshire Blvd., Suite 200 Santa Monica, CA 90401 www.procon.org ### Santa Monica, CA, December 10, 2009 --( PR.com )-- ProCon.org, a nonpartisan 501(c)(3) nonprofit public charity dedicated to promoting critical thinking, created the new website http://socialsecurity.procon.org to explore the core question “Should Social Security be privatized?”The US Social Security program began in 1935 as a social program intended to provide a safety net protecting American workers and their families in the event of retirement, disability, and early death.In Flemming v. Nestor (1960), the US Supreme Court upheld that Nestor, a retiring, legal immigrant who had paid into the system for 19 years, could be denied Social Security.Visit http://socialsecurity.procon.org for more information about privatizing social security, or visit www.procon.org to see all the issue websites of ProCon.org.About UsProCon.org is a 501(c)3 nonprofit public charity whose mission is promoting critical thinking, education, and informed citizenship.ProCon.org websites are free, require no registration, contain no advertising, and have no bias.Information is presented on 27 different ProCon.org issue websites in subjects ranging from health care and medical marijuana to the Israeli-Palestinian conflict and illegal immigration.ProCon.org websites have been referenced by over 150 media entities and used in over 725 schools in all 50 states and 17 countries.Contact: Kamy Akhavan, Managing Editorkamy@procon.org(310) 587-1407233 Wilshire Blvd., Suite 200Santa Monica, CA 90401www.procon.org### Contact Information ProCon.org Kamy Akhavan 3105871407 www.procon.org Click here to view the list of recent Press Releases from ProCon.org Promote Your Business Press Release Pricing Email this page to a friend