Think Privatizing Social Security Won’t Work: Think Again It Already Does in Texas

In the vice presidential debate a smirking (and lying) Tim Kaine claims that Hillary Clinton has a plan to save Social Security and Medicare.  How did he say she would do it?  By raising taxes on everyone who has a job.  He said that privatizing Social Security is an unworkable scheme.  The truth is privatization has only been tried once.  During the Reagan administration,  Galveston, Matagorda and Brazoria Counties ,Texas was given permission to leave the Social Security program and set up their own retirement plan for public employees.  Guess what?  It was wildly successful.  That is an understatement.

In the vice presidential debate a smirking (and lying) Tim Kaine claims that Hillary Clinton has a plan to save Social Security and Medicare. How did he say she would do it? By raising taxes on…

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