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PACs corrupt the system. They handle vast amounts of money and the money corrupts.
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The rate of return on Social Security for people nearing retirement is about 1.5 percent. By the time young children like mine are ready to retire, that rate of return will be a negative percentage.
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Those who say there's no problem and there's plenty of time are offering a misleading argument that the Social Security Trust Fund somehow has assets that can be used to draw upon starting in 12 years to pay benefits, but the trust fund does not contain cash or bonds or stocks to turn into funds. It contains IOUs reflecting the rate of the trust fund over the last few decades.
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When I first got elected, I was an unknown person from Janesville, Wisconsin. I'm not wealthy and I was able to do it, nonetheless. So I am living proof that an unknown, non-wealthy person can get elected to these seats.
Biography
Notable people named Paul Ryan include:
*Paul Ryan (politician) *Paul Ryan (singer) *Paul Ryan (illustrator) (Squadron Supreme)