We already encourage child-bearing with tax breaks - those credits cut my federal bill in half. not enough. education and day care credits and vouchers are in order.
As for choice, IMHO private accounts are a big step in the right direction. maybe not. what if the markets crash when the people start retiring? retirement money is not an ordinary investment. if you are saving to buy a house and market crashes, too bad - but you just wait 5 years and buy then. if you are saving for your retirement and the market crashes, you might be dead in 5 years, you cannot wait.
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timeasmymeasure
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Date: 2005-02-17 10:38 pm (UTC)not enough. education and day care credits and vouchers are in order.
maybe not.
what if the markets crash when the people start retiring?
retirement money is not an ordinary investment.
if you are saving to buy a house and market crashes, too bad - but you just wait 5 years and buy then.
if you are saving for your retirement and the market crashes, you might be dead in 5 years, you cannot wait.
yes.