Social Security is still a safety net, no matter who says it isn't

Off-base Social Security column pushes privatization

The (Aug. 27) Dace Potas column, “Unpopular but necessary: Kill Social Security”, is another attempt to discredit the program that is the lifeline to millions of retired Americans. The question, “If Social Security is my money, then why can’t I withdraw from it?” is a thinly veiled attempt to push the idea of converting Social Security into 401(k)-type private accounts. It will give Wall Street control over all that money and the opportunity to charge fees, and add an expense that does not exist now.

Currently, by law, all Social Security trust funds are invested in [special] U.S. Treasury securities, the safest investment in the world. It allows the government to use the money for general expenses, and the Treasury pays the money back