The American people do not oppose privatization -in fact, most support it. A 2010 poll showed overwhelming support for personal accounts. Republican voters support it 65-21, but even Democrat voters like it, 50-36. [1] A poll commissioned by the Cato Institute through the prestigious Public Opinion Strategies polling company showed that 69 percent of Americans favored switching from the pay-as-you-go system to a fully funded, individually capitalized system. Only 11 percent said they opposed the idea. [2] A 1994 Luntz Research poll found that 82 percent of American adults under the age of 35 favored having at least a portion of their payroll taxes invested instead in stocks and bonds. In fact, among the so-called Generation Xers in America, by a margin of two-to-one they think they are more likely to encounter a UFO in their lifetime than they are to ever receive a single Social Security check.  Even more remarkable, perhaps, was a poll taken in 1997 by White House pollster Mark Penn for the Democratic Leadership Council, a group of moderate Democrats with whom President Clinton was affiliated prior to his election. That poll found that 73 percent of Democrats favor being allowed to invest some or all their payroll tax in private accounts. [3] Moreover, the 'alternatives liks raising taxes and reducing benefits are merely kicking the problem further down the road but it will still become a problem at some point. At the same time either raising taxes or reducing benefits would be unfair – raising taxes because it would mean today’s generation of workers paying more than their parents for the same benefit and cutting benefits because it would mean that retirees would be getting less out than they were promised.'  The alternatives would also be particularly devastating for the poor. Individuals who are hired pay the cost of the so-called employer's share of the payroll tax through reduced wages. Therefore, an increase in the payroll tax would result in less money in workers' going to workers. It is also important to remember that the payroll tax is an extremely regressive tax. Likewise a reduction in benefits would disproportionately hurt the poor since they are more likely than the wealthy to be dependent on Social Security benefits. [4]  [1] Roth, Andrew. "Privatize Social Security? Hell Yeah!". Club for Growth.21 September 21 2010.   [2] Crane, Edward. "The Case for Privatizing America's Social Security System." CATO Institute. 10 December 1997.   [3] Crane, Edward. "The Case for Privatizing America's Social Security System." CATO Institute. 10 December 1997.   [4] Tanner, Michael. "Privatizing Social Security: A Big Boost for the Poor." CATO. 26 July 1996.