Secondly, we can generate a higher return off that investment than you get in the existing system. Today, you get about a 2 percent return on what you pay into Social Security. We can generate, we think, at least 6 percent. All the evidence shows at least three times what we're able to get now. And long-term, by generating a bigger return, we'll put additional funds into the system that will help us survive that crunch that's otherwise going to hit in the future.
Bottom line is there's a choice here.
With respect, frankly, to Al Gore and Joe's plan, they don't reform Social Security at all. They add another huge obligation on top of it that future generations will have to pay. They don't touch the basic system itself. They don't reform it. They don't save it.